Nov. 14 at 3:17 AM
$CCL is currently trading at
$26.14, with an RSI of 30.91 indicating that the stock is in oversold territory, suggesting potential for a rebound. The 30-day moving average (MA30) is at
$28.19, and the 50-day moving average (MA50) is at
$29.19, both above the current price, indicating a bearish trend in the short to medium term. The recent 60-day high of
$32.8 and low of
$25.91 suggest a trading range, with the current price closer to the lower end.
Directional bias leans towards a potential short-term reversal due to the oversold RSI. Suggested entry is at
$26.50, with a stop loss at
$25.80 to limit downside risk. Target 1 is set at
$28.00, aligning with the MA30, and Target 2 at
$29.00, near the MA50. This plan aims to capitalize on a possible bounce while managing risk effectively.
https://privateprofiteers.com
