CVNA: Carvana’s Relentless Rally with No Signs of Slowing
Carvana (CVNA) has been on an absolute tear, with no signs of slowing down.
Explosive Rally: CVNA recently shattered key resistance levels and is now pushing toward the ambitious target near $260—a near 100% potential gain from current levels if the momentum keeps driving upward.
Relentless Uptrend: Riding a sharp ascending trendline, CVNA is sticking close to its highs without much of a correction in sight. The SMA 150 is finally turning up, echoing the strength of the long-term trend shift.
Volume & Momentum: Volume’s been building up, fueling this rally. The RSI is riding high, yet this stock shows no interest in taking a breather. CVNA’s got that “all gas, no brakes” energy that keeps bulls excited.
Bottom Line: CVNA’s relentless uptrend and strong targets make this a chart that demands attention. With solid momentum, volume support, and fierce trend strength, Carvana looks like it’s got a lot more road ahead.
Explosive Rally: CVNA recently shattered key resistance levels and is now pushing toward the ambitious target near $260—a near 100% potential gain from current levels if the momentum keeps driving upward.
Relentless Uptrend: Riding a sharp ascending trendline, CVNA is sticking close to its highs without much of a correction in sight. The SMA 150 is finally turning up, echoing the strength of the long-term trend shift.
Volume & Momentum: Volume’s been building up, fueling this rally. The RSI is riding high, yet this stock shows no interest in taking a breather. CVNA’s got that “all gas, no brakes” energy that keeps bulls excited.
Bottom Line: CVNA’s relentless uptrend and strong targets make this a chart that demands attention. With solid momentum, volume support, and fierce trend strength, Carvana looks like it’s got a lot more road ahead.
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Garry Black
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Garry Black
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.