Carnival is one of my favorites stocks. It has clear run-ups, which are perfectly tradable. In the past 3 months, it formed a "Falling Wedge" pattern, which broke recently(with high volume). If it manages to stay above the support zone between 14.30 and 14.90, then it is an easy play.
This is how I play the former scenario:
>Limit buy at 15.86 and 15,11
>Stop loss at 14.27
>Take profit at 19.28
This is how I play the former scenario:
>Limit buy at 15.86 and 15,11
>Stop loss at 14.27
>Take profit at 19.28
