economy
February 18, 2026
This cruise stock is forming a potential 'cup-and-handle' chart pattern. These are the levels to look at
Frank Cappelleri takes a look at the charts in the cruise line operator.
TL;DR
- Carnival (CCL) stock is forming a potential cup-and-handle pattern.
- The pattern is developing above the rising 40-week moving average.
- A breakout through the $33 level could lead to a measured upside target of $41.
- A recommended stop-loss is around $27.5.
- This would be the fourth major bullish pattern breakout for CCL in over three years.
- A sustained move higher could trigger a larger base breakout dating back to early 2020.
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