[April 29, 2013] Carnival Set to Possibly Pullback After Yesterday's Rally of 1.04% Tweet Apr 29, 2013 (SmarTrend(R) News Watch via COMTEX) -- Carnival (NYSE:CCL) traded in a range yesterday that spanned from a low of $34.32 to a high of $34.96. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $34.87 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. SmarTrend recommended that its subscribers protect gains by selling shares of Carnival on February 19th, 2013 by issuing a Downtrend alert when the shares were trading at $36.40. Since that call, shares of Carnival have fallen 5.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Carnival share prices have moved between a 52-week high of $39.95 and a 52-week low of $30.65 and are now trading 14% above that low price at $34.82 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.4%. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]