Technical Analysis – 02 April 2024

Shares closed at a high since Aug 2023 with a surge in volume. 5dEMA just crossed the 20dEMA.
MACD just turned positive, RSI is constructive.
Long – Entry 105, Target 115, Stop 100

Share closed higher above the 200dEMA with a surge in volume. 5dEMA just crossed the 200dEMA and 20dEMA is about to cross the 200dEMA.
MACD just turned positive, RSI is constructive.
Long – Entry 0.800, Target 0.880, Stop 0.760

Shares closed at a high since Nov 2023 with an increase in volume. 5dEMA recently crossed the 200dEMA.
MACD is positive, RSI is at an overbought level.
Long – Entry 8.90, Target 9.90, Stop 8.40

Shares closed at a 52-week high with higher volume. 50dEMA is about to cross the 200dEMA.
MACD is positive, RSI is at an overbought level.
Long – Entry 8.65, Target 9.65, Stop 8.15

Carnival Corp. (CCL)

1Q24 Revenue: $5.41B, +22.1% YoY, beat estimates by $10M
1Q24 Non-GAAP EPS: –$0.14, beat estimates by $0.04
2Q24 Guidance: Expect capacity growth of 5.4% and an adjusted loss of $0.03 per share. FY24 Guidance: Expect capacity growth of 4.5% Raised forecast for adjusted profit of $0.98, up from $0.93 previously, but below consensus of $1.00.
Comment: Carnival Corp. exceeded expectations with its latest financial report, announcing a smaller loss than anticipated. The company achieved record first-quarter revenue, driven by a surge in booking volumes and higher prices. Additionally, Carnival recently placed an order for a second large cruise ship from Meyer, demonstrating its ability to meet the growing demand for cruise vacations. However, managing debt and sustaining operations requires a significant cash investment. The temporary relocation of Baltimore-based cruises following the recent bridge incident is expected to impact adjusted EBITDA and adjusted net income by $10mn for FY2024. 2Q24 recommended trading range: $15 to $19. Neutral Outlook.

嘉年华邮轮(CCL)

24财年第一季营收：54.1亿美元，同比增幅22.1%，超预期1,000万美元
24财年第一季Non-GAAP每股亏损：0.14美元，超预期0.04美元
24财年第二季指引：预计运力增长5.4%，调整后每股亏损0.03美元。24财年指引：预计产能增长4.5%，将调整后利润预测从之前的0.93美元上调至0.98美元，但低于1.00美元的市场共识。
短评：嘉年华公司最新的财务报告超出了预期，宣布亏损低于预期。在预订量激增和价格上涨的推动下，该公司第一季度收入创纪录。此外，嘉年华最近还向迈耶(Meyer)公司订购了第二艘大型游轮，这表明嘉年华有能力满足日益增长的邮轮度假需求。然而，管理债务和维持业务需要大量的现金投资。在最近的桥梁事件之后，巴尔的摩邮轮的临时搬迁预计将影响2024财年调整后的EBITDA和调整后的净收入1000万美元。24财年第二季度建议交易区间：15美至19美元。中性前景。