post on DEC 18... After a decline of almost 100% and entrenchment at the bottom with high trading volumes A purchase will be made Breakout of $58.05 with supporting volume, target $160 Not a recommendation www.tradingview.com
CVNA is coiling beautifully after the power earnings gap. 7 straight days of consolidation. This looks ready to break out if QQQ heads to new highs. Targets $85 then $90
-a very volatile title bull flag pattern upward pressure to watch when opening.
Carvana Co.( NYSE:CVNA ) stands as a testament to resilience and adaptation. As the online car retail giant braces for lower interest rates amid tightening lending standards, it navigates through challenges with strategic maneuvers and a steadfast commitment to its vision. In a recent interview with Bloomberg News, Carvana's Chief Financial Officer, Mark...
Hi, looks like if CVNA breaks $60.5 and end the week above $60.5 it has all the chances to go to $90. Beware it's RSI is already too high. Break and confirmation is important. Cheers, Happy trading
So a used car dealership is worth FWB:15B 🤣. I get the current price action given before earning and at it's peak almost 50% of it's float shares were shorted and it would take almost 6 days for everyone to cover their short positions. But this company has almost SEED_TVCODER77_ETHBTCDATA:7B in debt, making $250 million in loan payment annually, losing cash...
This will be an excellent (and may I saw obvious) trade to look out for today. After a strong move post-earnings, we have already shown signs of buyer weakness at these levels. Today we are looking for that squeeze and proof of buy side tapering at the top of our yellow and blue tapered buying continuation channels. They line up perfectly and will be wedging with...
Carvana had been a great stock for me this year. I am expecting more gains in next year with the break in the handle. Looking at the possibility of another 100% gains technically next year. Will update more as I go through the fundamental and sentiment picture.
CVA on the 30-minute chart shows a high tight flag pattern after the big report of profit on an annual report. Inflation is affecting auto stocks and recession is increasing the number of used care purchases while inflation hangs in there. URLs for both a description of the pattern and the news are embedded in the drawing. The RSI indicator shows a...
Charts looks way bullish technically speaking. It can easily hit 140. It may retest 55 before another leg up. SL 44.
opening above major trend/resistance zone I showed on the chart, I could see us going higher to 100-131 targets over the next few months 🎯 if you are active on the Carvana app you were not surprised by the recent earnings beat.. half the cars on my watchlist are gone within a few weeks! business is boomin! Up 29.3% on first-ever annual profit, mixed quarterly...
Carvana ( NYSE:CVNA ), the online used car retailer, has announced its first-ever annual profit, signaling a remarkable turnaround for the company. Bolstered by strategic debt reduction measures and a surge in demand for used cars during the pandemic, Carvana ( NYSE:CVNA ) has defied expectations and emerged stronger than ever. The company's journey to...
Subject: (CVNA) Consolidation & Continuation I've now updated my charting to further reflect my ongoing hypothesis regarding Carvana (CVNA) which points towards consolidation and continuation. Based on multiple key factors, I believe we have reached the presumed bottom of the large pullback on the 4hr timeframe.(ZigZag printed). The top was formed on 12/20/23 at...
NYSE:CVNA spotted forming inverse head and shoulders meaning bullish to upside however do note earnings is just tomorrow 22nd Feb.
CNVA is potential plan: -Inversed HnS pattern. -Demand zone. -Fibo. -Key level.
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NYSE:CVNA ... I believe this code is at a point of potential volatility. If price can hold above $57.62 ... Bullish potential may be unlocked. My key upside targets include: - $71.75 (Conservative) - $90.48 (Medium) - $107.89...
Carvana Co. (NYSE:CVNA) , a revolutionary platform for buying and selling used cars online, attracts investors' attention, including due to a significant volume of short sales (short interest). This high short interest indicates that many traders expect the company's stock price to fall, which in turn may create potential for a sharp rise in stock price in case of...
After a textbook Breakout I speculate a retracement to the Daily Fair value gap and eventually reaching for the Buyside Liquidity above. Define the risk clearly and stick to your stop loss. Good luck. Not Financial Advice. Do your own due diligence.