now that the FUD has settled down. everything becoming more autonomous. Less workforce required to be paid. it's simple next earnings will be positive. Not a financial Advice. I just like to draw lines on my charts.
An analysis for CVNA, I have included some up channels and different price structural patterns A big takeaway however is the strong support line that has been hit (solid line) This is a basis for a long position
How beautiful this chart looks like! CVNA has dropped to a pre-pandemic level at its strongest support. Yesterday`s 19.3K Calls suggest a recovery to the $160 resistance area! Looking forward to read your opinion about it.
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or...
Peter Thiel characteized companies as competitors or originators. As a founder of Paypal - a small space that was blank into a large enterprise - he influenced my investment awareness. Carvana is a company that has a different way of trying to sell cars. It is a competitor not in an original space like Facebook as a startup or Google. Carvana isn't working....
CVNA had its ER, the stock broke its major support. Momentum to the downside is to be expected. It's a good short to keep on the radar.
The PEAD projected a Bullish outlook for $CVNA after a Positive Under reaction following its earnings release placing the stock in drift A.
-DOJI CANDLE ON THE DAILY meaning whichever way we break we are more than likely to have an explosive move towards either direction -We closed slightly BELOW BUT still need confirmation
below 125 117-120 possible intraday idea only valid if market red/negative 2morrow #optionstrading #options #daytrading #tradeideas #stockmarket
An upside breakout from a Continuation Wedge was confirmed. After a temporary interruption, the prior uptrend is set to continue. The pattern formed over 16 hours and 0 minutes, which is a rough guide for how long it might take to reach the target price of 142.0 - 151.0.
Title is not advice btw just psychology of markets. CVNA looks fairly deep here with low down 71% and having diverged up from RSI @ 21 - lowest ever reading, even much lower than 2020 lows that only hit 30. In addition CVNA pierced through the lowest fib of the GRM indicator and a "DIP" buy signal has appeared for only the 2nd time. If RSI remains above lower...
Rising price of new and used cars making significant contribution to recent headline inflation numbers. Carvana down 60% from all time high posted in August 2021. Opened $CVNA trade 1/14/22 in anticipation of an oversold bounce. Would have preferred to see it trade-up for most the recent week but didn't want to wait. Tight stop warranted ... and plan to...
CVNA formed a bearish Shark pattern. T1 was already achieved and its back in buy zone.
NYSE:CVNA CVNA Looking a good for last 3 Days. If close above $303 may run to $318 next week.
NYSE:CVNA CVNA BULLISH PT$290 . Call may work for next week.