PaperBozz

$CCL - Could bounce to $10

Long
NYSE:CCL   Carnival Corporation
#CCL is at a strong support and could potentially bounce back to $10 area and complete the right shoulder of the inverse head and shoulder pattern.
If the price can break above the neck line at $10.80, there is a chance that it could get to $15.
Target 1 - $10.70
Target 2 - $15
Risk - fall below $7 to $3.27 (worst case)
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.

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