CARVANA CO

NYSE

CVNA

CVNA is slowly losing momentum. Recently released a debt issuance and it dropped its after hours trading lower to around $64. CVNA could lose steam and change direction like it has in the past. I write a call at $45 and buy a call at $70 expiry is August 16th. 45/70 Credit Spread EXP AUG 16. $1570/930 Risk (May change after I put on trade) Target exit is...

As earnings approach the options market has been very active in CARVANA. Noteworthy activity has been on the put side with unusual activity for the $35 and $45 strike puts. We do not hold the name but in the current market it would be wise to bank profits when the stock has the possibility if a double top forming. Give the fact that the price is well above the...

Adding a small Bear call spread on cvna, RSI bearish divergence major market volatility is increasing with tariffs and it's Double top. 70/75 exp June 21 Journal entry and not trading advice

Afterall this name has huge shorts in it (56%) and also this is sitting at Double Top. Few key indicators to keep in mind: 1. Has been at Overbough situation for last 60 days. 2. They have not yet penetrated into bigger mkt yet and the potential is huge. 3. Negative divergence. You decide. I know what I am playing.

We managed to rise above the 2 MAs relevant here. This is a sign thatthere is no selling pressure at least.

I think CVNA is going to blow off some of these gains because Cramer noticed it and talked about it. This is where we can test the Power of (very entertaining) Television Personalities. I heard Cramer explain that this stock has no reason to be on such an upward tear. When I got home, I checked the charts. Indeed... there's no arguement. It's jammin. But why?...

I think this stock has followed a semi-clean Five wave up, Three waves down from its inception and now is possibly going for completing the third wave. I the mentioned third wave, I think we can now identify the two sub-waves of the first leg in the weekly.

Investors are always on the look out for the new and innovative. Although Carvana fell -6% on its IPO debut, it has seen growth up to $71 a share based on the advantages of Carvana. Today, we see a a drop of 60% from the ATH . As more and more dealerships get on board with a money-back guarantee, the advantages of Carvana start falling very fast. Traditional...

CVNA is in a falling wedge and failed to hold above the 236 from ATH to recent swing low, super bearish. Daily bearish divergence playing out on the MACD, RSI showing continuation of the bear trend. VFI is super bearish indicating low money flow. All on daily time scales. There is weak support at 27.65, with major supports being both 23.60 and the bottom of the...

NYSE:CVNA Short below yesterday's daily VWAP Please like, comment and follow if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.

NYSE:CVNA Short below 34.82 Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.

NYSE:CVNA I'd like to see this one move sideways to consolidate and gain some strength in the morning before it gets going (just like drawn on the chart). buy as a swing trade above 37.14, with a stop at 35.48; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then don't chase it. Please like and comment if you like...

CVNA has broken out of a downtrend that started in mid September. It is also testing the resistance line of a rounding bottom that started forming in early December. I went long near the closing price of the breakout day based on break of downtrend. This trade would be considered premature in terms of the rounding bottom thesis but I may add to my position if...

I missed this, since it wasn't even on my watchlist just noticed in today scan. Sometimes I feel weekends slow me down, but they can be helpful. Set up is so nice in this, and looks set to continue so still a buy.

I hope this doesn't happen but keep an eye for the right shoulder. The CEO, Garcia has also been doing a lot of selling since September. He stopped the selling since Oct 17th. Let's see if the pressure been lift off.

CVNA Short

Would like to see impulsive breakout above wedge, and the corresponding PPO crossover...

Bullish. Ride the trend line.