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Uptrend Spotted in Shares of Carnival (CCL)

Written on Sun, 03/14/2010 - 12:00pm
By Chip Brian

SmarTrend identified an Uptrend for Carnival (NYSE:CCL) on November 13, 2009 at $32.12. In approximately 4 months, Carnival has returned 16.7% as of today's recent price of $37.50.
Carnival is currently above its 50-day moving average of $33.76 and above its 200-day moving average of $30.66. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Carnival shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CCL

Contact Chip Brian



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