Let's see how the charts are showing for PARA as it slips lower following an earnings miss.
The plight of Carnival has been fascinating to follow.
After a fresh look at the charts, here's how to play the stock.
The stock had already reversed to a down column with a bearish price target.
Could this become an exhaustion gap where potential buyers and bears throw in the towel and go long?
It now has to get back on a track of sustainable growth and profitability, while improving margins through the reduction of expenses.
A pullback or correction at some point should be expected.
The shares have declined from a high in November.
Ford reported earnings Thursday evening. Here's how the charts look Friday morning.
I would like to see some sideways trading or even a pullback next.