Earnings report is due before the market opens tomorrow and the volume is up today.
Price is above the 50 and 200 Day MA and into a tightening wedge here as this leads into earnings, I suspect a strong move will come but they need a positive report with no concerns.
Our impulse wave has not changed here, once the price can break out of the wedge at $17 and hold above this level, this would put $CCL in the Bull Case and in a good position to move higher for Wave 3.
fahad khan
2024-06-25 18:47:04 +0000 UTC