Stock Of The Day: Will Carnival Be Range Bound Again?
Shares of Carnival Corp (NYSE:CCL) are consolidating Tuesday. This follows yesterday's sell-off of almost 4%. The move came after the company released earnings.Carnival is the Stock of the Day. It dropped back into a former trading range, and it looks like it may stay in it for a while.From early July through late August, the top of the range was around 28.20. This was a support level.The top of a trading range is resistance. This is a p ...