By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Cruise Stocks Price Targets Raised on Evidence of Pent-up Demand
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > 2021 > Cruise Stocks Price Targets Raised on Evidence of Pent-up Demand
2021

Cruise Stocks Price Targets Raised on Evidence of Pent-up Demand

Paul Ebeling
Last updated: March 14, 2021 3:56 am
Paul Ebeling
Share
2 Min Read
25carnival victory carnival
SHARE

#Carnival #cruise #cash #bullish #buy

$CCL

Carnival Corp (NYSE:CCL) CEO Arnold Donald sees at least 2 more challenging yrs for the cruise industry, which is unlikely to return to pre-virus chaos levels until at least Y 2023 he says.

The giant cruise company’s full fleet might be sailing by the end of this year but it will take longer to recover to pre-crisis revenues, CEO Donald said an interview Sunday

Carnival in January reported a bigger than-expected preliminary Q-4 net loss as business was brought to a standstill by the VirusCasedemic chaos last March.

Our overall technical analysis of CCL is Bullish across the board, as the stock broke out on 16 February at 22.47 on strong volume and confirmed on 12 March at 28.46. Thus, garnering an LTN Cash Pile Buy signal with a target price at 72/share. We are the 1st on the Street to post a Buy recommendation,

Currently, CCL is trading at 28,46 within its 52 wk trading range of 7.80 – 29.59.

The Key support is at 23.61 and the overhead resistance is light thru 30.39 then Nil.

candle

Carnival Corporation, plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names.

The company also provides port destinations and other services, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

It sells its cruises primarily through travel agents and tour operators.

The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally.

CCL operates 87 ships with 223,000 lower berths. The company was incorporated in Y 1972 and is HQ’d in Miami, Florida.

Have a healthy weekend, Keep the Faith!

You Might Also Like

125 Public Companies Now Hold Bitcoin

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

InfoFi: The Latest Abomination in Crypto

Ethereum Trading Outlook

TAGGED:BullishbuycarnivalcashCCLcruisedemandresistancesaiingsupportVirusCasedemic

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article frothy stock market 2 This Week Watching the Fed
Next Article intro 1576862241 Eggs, the Best Food to Help Boost Mental Focus
Buy Bitcoin

Buy Bitcoin

Latest News

TIA Wellness
Hotels as Art Galleries in Asia
Art Asia Featured Headline News Lifestyle Travel July 17, 2025
Ferrari Hypersail 1 1024x682 1
Ferrari Hypersail
Ferrari Formula One Headline News Lifestyles of the RIch and Famous Living Luxury Most Popular Must Read Opinion Shayne Heffernan Shayne Heffernan Sports Top Stories July 14, 2025
Saint Francis of Assisi in Ecstasy Caravaggio c.1595
St. Francis: The Deeds You Do Today
Catholic Featured Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Opinion Politics Shayne Heffernan July 11, 2025
Screenshot 26 6 2025 132527
Tokenization and the Future of Financial Markets
Bitcoin Blockchain DeFI Digital Assets Economy Headline News KXCO Politics USD July 11, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?