EWFcw

CARG - EW analysis - Uptrend continue

Long
NASDAQ:CARG   CarGurus, Inc.
CARG - If seems like ABC zigzag correction is under progress. The 4th subwave of 3rd wave up seems finished and price is now in 5th of 3rd of C wave up.
If it starts outperforming the SPX today, then it will be good buy for up move with stop level below 31.05.
But if it fails to outperform, then may take more time to finish the correction.

Give thumbs up if you really like the trade idea.

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