Carvana Co.Long
#CVNA Getting ready for next leg.
1. High short interest 56%
2. Took support at fib 50% level.
3. Reduced volume on the pullback.
4. Area of confluence with 50EMA and 50% fib.
5. Formed lower high and higher high in 5 min timeframe.
Will keep an eye tomorrow on it.
2. Took support at fib 50% level.
3. Reduced volume on the pullback.
4. Area of confluence with 50EMA and 50% fib.
5. Formed lower high and higher high in 5 min timeframe.
Will keep an eye tomorrow on it.
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