Carnival (CCL) continues to show strong underlying demand, with about half of its 2027 capacity already booked at record pricing and customer deposits reaching a record $7.6 billion. Bookings for 2028 are also running ahead of prior-year levels, providing visibility well beyond the current season. Carnival continues expanding its future offerings as well, including recently opened 2028 Canada and New England itineraries through Holland America and new West Coast sailings. Carnival Radiance also returned to year-round service from Long Beach this week following a 15-day dry dock and refurbishment.

After being in an oversold position, CCL has rebounded and it’s latest move shows it isn’t ready to stop. Take a look.

The chart is showing a strong bullish reversal. CCL is trading above its 8-, 21- and 55-day EMAs, while ADX has climbed to 34.00, confirming meaningful trend strength. +DI at 35.17 is more than 20 points above -DI at 15.03, giving the bullish move strong directional confirmation. PPO has crossed sharply higher with an expanding positive histogram, relative strength versus the S&P 500 is improving, and RSI at 61.84 leaves room before reaching overbought territory. After rebounding from the September lows, the combination of strengthening momentum, improving relative performance and continued strong booking demand supports watching CCL for a call opportunity.

Wishing you the best.

Wendy

P.S.-Each ticker has its own set of patterns, like a personality, that it displays pretty consistently. Once you unlock this “DNA” as it were, you can really exploit those moves and even the moves that are out of character for that ticker. I built an indicator that spots those patterns and lets you know when a trade is setting up. If you want to add it to your charts, click here.