With hindsight, it wasn't wise to buy NYSE:CVNA as it gapped up (blue arrow). Luckily, the stock has consolidated without breaking down. Yesterday, following the FOMC decision, it broke above the consolidation range. Expect an upside move on NYSE:CVNA but there might be a resistance near $56.
Some high risk high reward stocks in watching. Small caps could get squeezy in the near term.
If you haven`t bought CVNA here: Then analyzing the options chain and the chart patterns of CVNA Carvana prior to the earnings report this week, I would consider purchasing the 25usd strike price in the money Calls with an expiration date of 2023-11-17, for a premium of approximately $3.95. If these options prove to be profitable prior to the earnings release, I...
NYSE:CVNA RSI getting high and momentum peaking as it approaches 52.50. Short at 52.50 - 53.00 with duration of 3-4 weeks for options
NYSE:CVNA If we get a break down below $42.50, should push further to $36
Five historical downward waves were created from the highest peak to the lowest bottom, after which only three upward corrective waves were formed, not a motive, and correspond to wave 4 of Elliott’s law. It is now possible that five more waves will be made to re-test the historical bottom of the currency, including the termination of wave C
Hi guys, this is a technical Analysis on Carvana (CVNA) on the 3 Day Timeframe. We've had a MASSIVE rally in CVNA, from MAY till reaching our current MAJOR RESISTANCE ZONE indicated by the GREEN RECTANGLE with RED borders. We've reached it and got rejected from it on July 19th. We've made our way back up however and are currently forming a LOWER HIGH. Note...
#CVNA forming massive bullish divergence on RSI and preparing to fly away. I entered this trade today and hoping for TP at 50$ and 69$ Already had massive gains in the last couple of months run
Carvana looking to make big move. SL $19.28 TP1 $45.27 TP2 $55.98, If $19.28 fails next entry will be at $12.44 zone.
CVNA on the 2H chart appears to be retesting the resistance zone established by a head and shoulders pattern over the middle of June. Additionally, on the stochastic RSI it is at a level from which it reversed on May 25th as well as the pivot highs associated with the H & S. While volume is above the running average, it is not a spike and so without high...
Carvana is setting up for quite the run. Despite seeing a quick increase in price from $15 a share all the way to $26, this Elliot wave count presents a sizeable 3rd wave extension. Right Now It looks like we've completed a minute 3rd wave extension, price is looking to move in a serious pullback. The $15.20 range is a big aggressive! If bulls are impatient...
Starting to form a flag on daily. Has been volatile in the selling zone, but all the dips to 10.50 have been bought so far. once it breaks above 13, likely to see 19 real fast for 200DMA cross. If 10.5 goes, next stop would at 8 and 6.
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 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
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...
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.