Already up 311% YTD, Carvana Co. (NYSE: CVNA) could be on track to continue its impressive run thanks to its recently announced Q2 financial outlook which is better than expected. Following the release of the improved financial outlook CVNA stock soared more than 64%, however, the stock recently lost 21% due to analysts’ suspicions that the improved Q2 forecast...
NYSE:CVNA A pull back to the horizontal line will be support and a buying opportunity a pull back to the 20 day moving average will also be a buying opportunity, the 20 day crossing above the 200 day moving average is bullish.
CVNA has broken through resistance of $13 after a short range consolidation which came after earnings. The short interest on the stock currently standing at 50%. This could spark some short squeezing should it hold above and break $14. $16 and $20 are next targets. Stop loss below $10.
hi everyone i think this is enough for a day and you may close some of your position and see what will happen next The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any...
Carvana up nearly 25% pre market, looks to be now testing overhead resistance!
CVNA in the past couple of trading sessions had a 20 % move and then reversed downward. As shown on the 1 hour chart, price is below the demand/ resistance zone and sitting on the POC line of the multisession volume profile where volatility is often at its highest. The anchored VWAP indicator shows the bands are nearly flat. Price is in the fair value...
CVNA 15 minute chart easy triple bottom buy. Clear support levels below at Volume nodes Easy Day Trading
Inverted cup and handle. Everything I should have written here you can see on the chart Trade at your own risk. This is not financial advice.
Carvana ( NYSE:CVNA ), the innovative online used car retailer, has recently shown signs of a regular bearish divergence on its chart, indicating a potential reversal in its current trend. With an identified entry, stop loss, and take profit points, we could be looking at a shorting opportunity here. Technical Indicators: The regular bearish divergence, circled...
NYSE:CVNA Carvana short percentage of float is 56% or is it headed to a double top, shown in the chart.
Magic will happen in a few weeks.... 400-1400 targets
With the amazing recent reports and upcoming ones the recovery of Carvana is proved to everyone on Wallstreet. New all time highs on the way. HODL and don't fall for the cowards with tiny balls.
AMEX:SPY - gapping back into the 408.50 supply area after a battle at the bottom yesterday. 408.5 was the low at the FED day meeting and was the place that broken PD before trending lower to 403.50. I think it's important if we can get above and stay above this level, potentially testing 413.50 again if we do. For further confirmation of a trend day, watch...
I do believe that after the recovery from high loan's rates Carvana will be an unstoppable stock. Maybe this year 800 USD !
Buy in this range. Stoploss 6.85. Target 9-10$. Lower support possibility of a breakout if we rip through 7.60 and use as support. This could be a big breakout. Get ready !
Amy minute, any second it can FLY!!! We all know that Carvana is here to stay. 800 USD is very very reasonable target.
CVNA benefitted from the huge increase in demand we saw for cars during the pandemic, however they have struggled to find their footing since. The company is managed poorly, and has missed earnings almost every quarter since then. Additionally the companies spending has pushed their book value into the negative. They are currently preparing to collateralize...