Price: $27.26
Breakout Zone: $27.35
Target 1: $44.27 (+61%)
Target 2: $63.55 (+126%)
Stop Loss: Below $21.50 (weekly close)
Carnival Corporation, one of the world’s largest cruise operators, appears to be on the brink of a major technical breakout, reclaiming pre-COVID structural levels for the first time since the 2020 collapse. The multi-year downtrend now looks decisively challenged, signaling the start of a new upcycle.
Massive Base Formation: A near 3-year accumulation range appears to be resolving to the upside. The $27.35 breakout level coincides with multiple failed attempts since late 2021.
Volume Surge: Weekly volume is showing signs of institutional accumulation—highest levels since early 2021.
RSI: Approaching 70 with room to extend further. No bearish divergence—momentum is confirming price.
MACD: Fresh bullish crossover on weekly—supporting strength behind the breakout.
Breakout Zone: $27.35
Target 1: $44.27 (+61%)
Target 2: $63.55 (+126%)
Stop Loss: Below $21.50 (weekly close)
Carnival Corporation, one of the world’s largest cruise operators, appears to be on the brink of a major technical breakout, reclaiming pre-COVID structural levels for the first time since the 2020 collapse. The multi-year downtrend now looks decisively challenged, signaling the start of a new upcycle.
Massive Base Formation: A near 3-year accumulation range appears to be resolving to the upside. The $27.35 breakout level coincides with multiple failed attempts since late 2021.
Volume Surge: Weekly volume is showing signs of institutional accumulation—highest levels since early 2021.
RSI: Approaching 70 with room to extend further. No bearish divergence—momentum is confirming price.
MACD: Fresh bullish crossover on weekly—supporting strength behind the breakout.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.