Full disclosure. My first post. I hope I do a good service with this analysis.
My Analysis:
In short, CCL retraced a hair above 50% of its previous high. History says it's not going to create a new low. So I'm bullish with the consolidation I highlighted, its building strength for a big bull run up to $18.
I set FIB to whole numbers -- $19 (high) /$8 (low) because computer algorithm is programmed to hit those numbers.
What do you think?
Feel Free to leave a comment.