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Refreshed charts on EXPE, COF, and CCL

Question: Could you refresh the charts on EXPE and COF to see if we should still be in those names? CCL was covered as well, if you have time.


Expedia (EXPE): Breakout intact

EXPE certainly has struggled of late with bearish weekly shooting star candles, but the bullish breakout from the 2022-2025 big cup and handle basing pattern remains firmly in place above 208-204, which we view as a tactical risk management support.


See Chart 1 below.


We highlighted EXPE as bullish in our Aug 26 The Stock Pulse and in the Straight from the Chart blog on Sep 12.


Chart 1: Expedia (EXPE) (top) and relative to the S&P 500 (bottom)

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Capital One (COF): Breakout intact, tests rising 26- and 40-WMAs as support

COF has struggled near the tactical target at 230, but the potential would remain for upside into the 260s provided that the stock holds the important 208-199 support zone, which is chart support, rising 26-/40-week moving averages (WMAs), and the neckline for the stock's summer 2025 breakout. This would suggest a bullish breakout and retest, preserving the potential for a run toward and into the 260s.


See chart 2 below.


We highlighted COF as bullish in the Straight from the Chart blog on Aug 28.


Chart 2: Capital One (COF) (top) and relative to the S&P 500 (bottom)

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Carnival (CCL): Failed to break out but base-building process intact, tests support

Although CCL failed to achieve a decisive breakout from its 2020-2025 big base, this potentially bullish setup remains in place with a bend-it-but-not-break-it pattern underpinned by chart support at 28.72-27.16 and rising 26-/40-WMAs from 27.00to 25.36. The breakout level to confirm the big base shifts to 31.52-32.80. See chart 3 below.


We highlighted CCL as bullish in our Straight from the Chart blog on Sep 12.


Chart 3: Carnival (CCL) (top) and relative to the S&P 500 (bottom)

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CS
CS
Oct 17

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