Carvana stock looks very bad. It has created already new lows. We expect this trend to continue as Carvana doesn't look good also when it comes to its fundamentals. Carvana shares tank as bankruptcy concerns grow.
Expecting a small bounce towards the resistance, next heavy rejection and the downtrend continuation .
Play a small bounce or short it at the resistance.
Good luck
Expecting a small bounce towards the resistance, next heavy rejection and the downtrend continuation .
Play a small bounce or short it at the resistance.
Good luck
Comment:
good progress so far. Expecting new lows soon
Comment:
Retesting previous all time lows. Expecting new lows to be made soon
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