Nov. 11 at 6:13 AM
$CCL is currently trading at
$26.89, which is near the lower end of its 60-day range (high of
$32.8 and low of
$25.91). The RSI at 30.1 indicates that the stock is in oversold territory, suggesting potential for a rebound. However, the stock is below both the 30-day MA of
$28.39 and the 50-day MA of
$29.48, indicating bearish short-term momentum.
Directional bias is cautiously bullish due to the oversold RSI, but caution is warranted as it remains below key moving averages.
Suggested entry is at
$27.00, with a stop loss at
$25.75 to manage risk. Target 1 is
$28.00 (near the 30-day MA), and Target 2 is
$29.00 (near the 50-day MA).
Monitor for any changes in market sentiment or volume that could impact these levels.
https://privateprofiteers.com
