Bullish momentum seems to remain after yesterday's earnings

Taking a look at Carnival after it reported its earnings yesterday. The company beat its earnings and revenue estimates, but the stock experienced some volatility in yesterday’s session before closing in the green at $17.19 a share. Based on the daily interval, we can see a new support level of $14.44 was formed in February (green oval), which has led to the move higher throughout March. This support is now outlined by the upper white trendline which now also offers support. A break below this trendline would then shift the focus back towards $14.44. A dip below $14.44 could lead to a sell-off towards the major supportive trendline which dates back to October 2022 (lower white trendline). Towards the upside, resistance now reads $17.66 (this week’s high). A break and close above this level would allow investors to eye up the key resistance of $19.73. This level was the previous turning point after the stock failed to move higher, creating a double top (highlighted by the red ovals). The technical indicators suggest that further upside is possible, as the MACD is positive and rising and so is the RSI. The RSI reads 61, although it has levelled over the last week.