The breakout in cruise line stocks may be just getting started, according to the charts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Breaking News: Markets Nieuws

Markets,Entertainment,Carnival Corp

David Keller breaks down the charts on Carnival.

With a resurgence of travel demand driving strong earnings and analyst upgrades, the cruise line industry appears to be entering a new bullish regime. While charts like Carnival Corp. have once again become overbought, the strength of the recent breakout suggests they may just be getting started. Starting with the weekly chart, we can see that over the last 18 months, Carnival had found consistent resistance around $19.50.

Click here for the full disclaimer.Todd Gordon

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines