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LD_Perspectives

Power Earnings Gap: CarGurus

Long
CarGurus, Inc. (NASDAQ:CARG)  
LD_Perspectives  
NASDAQ:CARG   CarGurus, Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Recently reported earnings where we saw numbers coming in above expectations, creating a 'Power Earnings Gap (PEG)' on elevated volume as well as a post-earnings flag formation being developed.

Looking for the next leg higher:

Buy stop: $28.85 (trigger)
Stop-loss: 27.00
Target range: $31.60-$32.15

Last Close: $28.22
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