NYSE:CAVA Beautiful breakout here on higher volume. Watch for follow through. IPO can go much higher.
I'm extremely bullish on NYSE:CAVA as a company. However, in the short term, I see bearish technicals as the stock begins to fall from its ATH. The first support line is in the $61 range. If this holds we could see a push back up to new all time highs at $85, especially if it the price manages to break through the resistance on the broadening wedge. Falling...
CAVA is working on an inside day candle after a big run up. I'm bullish here as I think it's just digesting the initial move before it makes another leg up. In at $44.35, but cautious incase it is indeed topping out.
STRONG down trend. Weaker IPO This company essentially sells salads. They are delicious, but that's not what most people eat when they eat out.....
Cava has reached the apex price of the falling wedge, this along with RSI crossing oversold, should be good indicator the selling has been exhausted and hopefully pump into earnings, which shouldn't have to be stellar, just good and we could definitely see CAVA trading back in the $60 range, and if that with good results of growth and new locations and paying down...
CAVA is a restaurant chain that is not profitable, yet valued at $5.5 Billion market cap. Despite the recent analysist upgrades, I think it`s extremely overvalued and will soon reach the IPO price. Analyzing the options chain and the chart patterns of CAVA Group prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts...
First time captured Straddle. Not sure about this one..But, we can claim it as Big, notional value - 1.1M$
Continuation into price discovery up to text theoretical resistance level at $66 Fibonacci retracemrnrs extend all the way to $91 for ultra bull case. Bear case we get rejected here but with rsi neutral and potentially positive fed meeting and market reaction we may see a decent rally for anyone long on cava calls!
Few eyes on NYSE:CAVA IPO. It traded sideways for 4 weeks and broke out. It pulled back to upper range boundary and potentially setting up a pullback buy setup.