$CCL has been forming a bullish wedge here after holding on the 0.618 Fib support in October '23 at $11.
The wedge is getting tight now and there is another retest of the 200 Day MA this week.
A breakout of this wedge will be bullish and into the bull case and we would favour a move up to the Wave 3 impulse wave if this happens, breakout level is exactly at $17 now.
A breakdown of the wedge and $11.68 at the 0.618 Fib is on the cards again to be tested.