Carnival Corporations stock price (CCL) edged higher in latest intraday trading, while trying to pierce the resistance of $23.00, amid the dominance of the upward secondary wave in the short term, with ongoing positive support due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the prices movements, grating it more space to advance.

Therefore we expect the stock to gain ground, provided the aforementioned resistance of $23.00 is breached, targeting the next one at $25.00.

Todays price forecast: Bullish