SWRLS

CVNA Channel Breakout Attempt

Long
SWRLS Updated   
NYSE:CVNA   Carvana Co.
CVNA is looking to breakout of this downward channel it's been caught in since mid December. It has reclaimed both the 50 and 20 EMAs and is pushing the top end of the channel. With 35% short interest, a bullish Fed decision could send this flying.
Comment:
Epic fail lol

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.