(Finance) – Excellent performance for Carnivalwhich is trading up 4.81%.
Supporting the shares are the fourth quarter accounts, which show an adjusted loss per share of $0.85 compared to $0.87 estimated by analysts.
The one-week trend of Carnival is more sluggish than the trend ofS&P-500. Such decline could trigger opportunities for the market to sell the stock.
The overall technical backdrop highlights strengthening bearish implications for Carnival, with negative stresses that force the levels towards the support area estimated at USD 7.917. Contrary to expectations, however, bullish pressures could push prices up to 8.927 where there is an important resistance level. The dominance of the bears feeds negative expectations for the next session with a potential target placed at 7.343.