How will CCL react, amidst Carnival Corp.’s upcoming quarterly earnings announcement?
|Today’s instrument is the Carnival Corp.‘s stock traded in NYSE exchange under the ticker CCL.
Looking at the CCL‘s chart, we can see that it has gained a significant upside since the start of the year, reaching the last close price at around $15.78.
On the coming Monday, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should expect CCL to test its 52W high at $16.40, otherwise it could fall towards the support level at around $12.20.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.