Company Overview: CarGurus, a leading online platform for buying and selling cars, continues to attract investor confidence with its growing user base and strong market positioning. The platform's ability to connect consumers with dealers is driving its popularity, making it a significant player in the automotive marketplace. Key Highlights: Rising User...
$CARG bouncing off its VWAP from Q3 ER to rising 10&20MA. it underwent 6 consecutive days of low volume retracement after rallying +43.96% post Q4 ER to fantastic YoY growth numbers (EPS +34%, Sales +124%) the last significant VWAP to reclaim is from Q4 ER at $43.05
NASDAQ:CARG , Crab Harmonic Pattern -------------------------------------------- Short Between 41.43 - 42.53 Buy Back @ Target 1 : 38.00, Target 2: 39.75 Stop Loss @ 43.50 DISCLAIMER: I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While...
After another touch on the lower channel of the bearish wedge, CARG stock price bounces upside. Is the stock now ready to re-test the upper channel? Some important levels to note for sellers participation include 29.20 & 34.00 N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Large activity in CarGurus since this name typically trades less than 400 contracts per day. On Dec 11, 5,000 Dec $25 calls closing for $3.40. 5,000 Dec $27 calls bought for $2.00. 3,800 Jan 2021 $29 calls are trading; most bought for $1.55. The golden cross is almost there (50 dma cross over 200 dma). Analyst Davidson gave the stock an upgrade friday. Beware FOMC...