Travel and related stocks

We got a question on travel and related stocks such as CCL, EXPE, HLT, and UAL.

Carnival Corp. (CCL) - Big base

CCL is breaking out of a big base dating back to the early 2020 lows. A decisive rally above 31.50 would confirm this bullish pattern for upside back to the late February 2020 weekly downside gap at 39.75-41.65, with the big base pattern count a longer-term target at 55. Holding tactical breakout and retest support at 28.72-27.16 would keep the pattern constructive for CCL.

Chart 1: Carnival Corp. (CCL)

Expedia Group (EXPE) - Big base

We flagged a big base for EXPE in our Aug 26th The Stock Pulse. EXPE is breaking out from a February 2022-August 2025 bullish cup and handle. Sustaining the rally above 207.73-217.72 (early 2025 and early 2022 peaks) would confirm this big base and favor continued upside to pattern counts at 283 and 332. Chart levels at 207-204 and 192 offer support. Rising 13-, 26-, and 40-WMAs from 193 to 177 underpin the positive backdrop for EXPE.

Chart 2: Expedia Group (EXPE)

Hilton Worldwide Holdings (HLT) - Cup and handles patterns

HLT looks bullish and shows a March-June cup and handle breakout on the rally above 257 that projects upside to 318. A developing tactical July into September bullish cup and handle pattern is intact above the 26- and 40-day moving averages and chart support near 272-270. A decisive rally above 280 would confirm the pattern and favor upside toward 302.

Chart 3: Hilton Worldwide Holdings (HLT)

United Airlines Holdings (UAL): Begins to test resistance

UAL rallied out of a March into July bottoming pattern in the breakout above 85. The tactical trend is up and supported by rising 13-, 26-, and 40-day moving averages at 105.73, 101.27, and 97.29, respectively. However, UAL has begun to test resistance at early 2025 highs from 110 to 116, which is ahead of the pattern count at 118.

Chart 4: United Airlines Holdings (UAL)