Guessing the ER direction. CCL

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Guessing the ER direction. CCLCarnival CorporationBATS:CCLWavervanir_International_LLC🔎 Technical Breakdown Current Price Context Trading at $30.62, just above trendline support (~$30.46). Price is consolidating under a resistance zone ($31.23–$32.77). RSI: 52.09 → Neutral, slightly bullish bias. Support & Demand Zones Immediate support: $30.46 (ascending trendline + short-term demand). Stronger supports: $29.59–$28.59 (Fib cluster, potential retracement). $27.13 (swing low). $26.00–$25.19 (200-day EMA + equilibrium zone). Resistance & Supply Zones Near-term resistance: $31.23–$32.77 (weak high, premium zone). Higher targets (Fibonacci extensions): $35.29 (1.236) $36.84 (1.382) $39.35–$40.00 (1.618 / psychological round number) Aggressive extension: $41.15–$41.87 Volume & Structure Volume spikes confirm liquidity grabs at lows and highs. Multiple Breaks of Structure (BOS) confirm bullish order flow. Trendline + Fib confluence suggests continuation if $30 holds. 📈 Bias & Scenarios Primary Bias: Bullish As long as $30.46 holds, upside targets: $35 → $39.35 → $40. Momentum could accelerate if $32.77 gets cleared with volume. Bearish Scenario (Invalidation): Break below $30.46 → test $29.59–$28.59. Further breakdown → $27.13 or even $26 zone. 🎯 Trade Ideas (Educational) Swing Long Entry: $30.50–30.70 SL: Below $29.50 TP1: $35.29 | TP2: $39.35 | TP3: $40+ Breakout Long Entry: Close above $32.77 SL: Below $31.00 TP1: $36.84 | TP2: $39.35–$40 Cautious Short (only if trendline fails) Entry: Break & close below $30.40 SL: Above $31.50 TP: $28.50 → $27.13 🧠 Strategic Note Institutions likely defending $30–31 zone (confluence of Fib, BOS, trendline). Weak high above suggests liquidity magnet → probability favors bullish continuation. RSI neutral → leaves room for expansion. ⚖️ Conclusion: Hold bullish bias above $30.46 with eyes on $35 → $39.35–40. If broken, flip to bearish targeting $28–27.