Stock Of The Day: Will Hurricane Milton Sink Carnival's Stock?

Experts are predicting that Hurricane Milton will cause historic devastation in Florida. Large parts of the state are being evacuated. It could result in dire consequences for the travel industry.However, Carnival Corporation & plc‘s CCL stock has not been negatively impacted and is in rally mode. This is why our team of trading experts has made it our Stock of the Day.The chart of Carnival illustrates some important market principles. First, it shows that stocks tend to rally after they reach support level ...