Carnival Corporations stock price (CCL) fell in the intraday levels, amid the dominance of the downward trend while trading alongside the short-term trend line, with negative pressure from the 50-day SMA, as the stock settles once again below the pivotal support of $14.44, amid negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the support of $13.00, provided it settles below $14.44.
Trend forecast: Bearish