CCL Bull Flag Pattern

Updated

It looks like there is a bull flag pattern formed on CCL. If it breaks out soon, which in my opinion is likely, it should reach approximately 67.70. The Ichimoku Cloud also looks promising, so I think it's safe to say that CCL is going to be moving upwards in the near future.

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Now we are seeing a bit of pullback; that's perfectly normal.

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CCL just reached 66.22. So far, this is looking good.

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Significant pullback now. 66.17 seems to be a support level, looking at the hourly chart. If CCL breaks it, that would be a very good sign.

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Now CCL is back up to 66.28, it broke the support.

tschuster

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