BBTrader29

CVNA Retest/Remount

Long
NYSE:CVNA   Carvana Co.
CVNA retested its $85 support level and remounted to continue further upside. It has also been creating higher highs and higher lows forming an Elliot wave pattern. This looks like its on its last leg of the Elliot wave after completing its correction. Looking for it to at least test its highs at the $96 level as an initial target. With a finishing target of $100-103 level where the last leg of the wave pattern will potentially complete.
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