After Carnival Corp. set a 52 week high the stock tumbled into a descending channel. Which then broke down almost unbelievably into a 'descending inverted scallop'. This ending in a recovery which ultimately was a 'Wolfe wave' that set a new horizontal descending support.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.