TheUpTrend.Com Announces That It Has Initiated Technical Coverage Of Carnival Corporation & plc (NYSE: CCL; LSE)

- The Long Term trend for Carnival is currently down.
- Our last Early Warning Sell Signal was issued on January 15, 2005.
- This current down trend would come to an end, only with a weekly close above $53.
- Current Long Term Price Support is at $43.75, and then $37.50.
- Current Long Term Price Resistance is at $56.25, and then $62.50.
- Catastrophic support is currently in the $43.75 -$47 area.
- The Pros gave up control on March 21, 2005
- This stock is currently seeing Panic Selling, and investors may want to stand aside until this stock first hits weekly support, and then wait until the Pros come back and start to take control.

This analysis is based on closing data for the week of April 15, 2005. Our analysis will change as time passes and when new price data becomes available.

About the Carnival Corporation & plc (NYSE: CCL; LSE)

Carnival Corporation is a global cruise and vacation company that offers cruises to all major destinations outside the Far East. The Company primarily serves vacation markets in North America, the United Kingdom, Germany, Southern Europe and South America. The Company's portfolio of cruise brands include Carnival Cruise Lines (CCL), Princess Cruises (Princess), Holland America Line, Costa Cruises (Costa), Holland America Line, P&O Cruises, AIDA Cruises (AIDA), Cunard Line, Ocean Village, P&O Cruises Australia, Swan Hellenic, Seabourn Cruise Line and Windstar Cruises. Holland America Tours and Princess Tours market and operate 20 hotels or lodges in Alaska and the Canadian Yukon, with over 3,200 guest rooms; over 530 motor coaches used for sightseeing, and charters in the States of Washington and Alaska, in British Columbia, Canada and the Canadian Yukon. For more information, please visit http://www.carnivalcorp.com/

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