Technical Summary: The one year chart of CCL paints a different picture to the five year. The one year chart almost looks like a growth stock with the price moving from the bottom left to the top right of the screen. The stock has followed the trendline to new highs and provided a few base break out buying opportunities along the way. The picture on the five year chart looks a lot different with the stock swinging in a wide trading range without making much in the way of progress. It will be interesting to see if the stock finds any resistance as it approaches areas where the stock has previously sold off. Asides from that the stock can otherwise be purchased as a continuation buy for those looking to jump on
board a trend. Traders or investors can use the trend line as an area to stop out.