Carnival Corp. (CCL) is up over 1% to $37.49 in afternoon trading. Not bad, but the stock is still far away from the 52-week high of $44.21. Of course, shareholders shouldn't complain too much, I suppose, because it could be worse. The stock has at least achieved some distance between itself and the 52-week low of $28.71.The one-year chart is interesting. While it probably makes an investor a bit nervous, it looks as if the equity could be clearing recent resistant levels as it attempts to rise again. In addition, the latest earnings report might give buyers confidence from a fundamental perspective.
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