Company Overview: Carvana, a leader in the online used car market, is transforming its business model following its acquisition of ADESA's U.S. physical auction business in 2022. This acquisition has positioned Carvana as the second-largest used car company in the U.S. and is driving a shift towards a more profitable marketplace model. Key Highlights: Strategic...
CVNA Carvana is starting to move above the 200 day EMA 'watermark'. As interest rates level off and eventually come down, the consumer will have a green light to make big purchases again. CVNA shows a lot of opportunity (800%?) between current price and all-time highs. Why is Carvana not on your watchlist?
120.50 below trendline breakdown 118/116/113/105/100/90 can test to fill the gap 21 ema below close yesterday
Look what we have here. Incredible price action from this stock.. what should you do if you hold it... or if you are feeling #FOMO maybe this idea will help. Inverse Head and shoulders there for all to see.
129 above resistance breakout possible 131/135/137/140 can test
CVNA is looking like a solid continuation setup. Strong earnings gap, then pullback to trend seems to be a pattern with this name similar to the other circled areas.
Carvana ( NYSE:CVNA ) stock Skyrocketed more than 30% during Thursday's market open after the used car retailer reported record results and turned a profit during the first quarter. Company's Performance Earnings per share: 23 cents — it was not immediately clear if it was comparable to the loss of 74 cents expected. Revenue: $3.06 billion reported Vs. $2.67...
CARVANA NYSE:CVNA | RANGE BREAKOUT BEFORE EARNINGS - Apr. 23rd, 2024 BUY/LONG ZONE (GREEN): $72.50 - $81.25 DO NOT TRADE/DNT ZONE (WHITE): $68.50 - $72.50 SELL/SHORT ZONE (RED): $60.00 - $68.50 Weekly: DNT Daily: DNT 4H: DNT, lean bullish This was requested at the end of last week but I didn't get around to it. I drew up this NYSE:CVNA chart analysis...
CARVANA NYSE:CVNA - Feb. 15th, 2024 BUY/LONG ZONE (GREEN): $48.00 - $60.00 DO NOT TRADE/DNT ZONE (WHITE): $40.00 - $48.00 SELL/SHORT ZONE (RED): $25.25 - $40.00 By request. My main focus would be on the range between $40.00 - $48.00, this area has determined the trend five times, which are seen each time price touches and breaks or touches and rejects....
CVNA, now at 80.7 on MArc-15-2024 : Per EW, this is in wave4 of wave5 uptrend Buy few at cmp, Buy few if this falls to 65,52 Uptrend confirmation at 90.34 Tehreafter levels to watch --> 102.07, 109.32, 115.2, 121 Expected gains from cmp --> 50%
Carvana Co.( NYSE:CVNA ) stands as a testament to resilience and adaptation. As the online car retail giant braces for lower interest rates amid tightening lending standards, it navigates through challenges with strategic maneuvers and a steadfast commitment to its vision. In a recent interview with Bloomberg News, Carvana's Chief Financial Officer, Mark...
CVA on the 30-minute chart shows a high tight flag pattern after the big report of profit on an annual report. Inflation is affecting auto stocks and recession is increasing the number of used care purchases while inflation hangs in there. URLs for both a description of the pattern and the news are embedded in the drawing. The RSI indicator shows a...
Charts looks way bullish technically speaking. It can easily hit 140. It may retest 55 before another leg up. SL 44.
Carvana ( NYSE:CVNA ), the online used car retailer, has announced its first-ever annual profit, signaling a remarkable turnaround for the company. Bolstered by strategic debt reduction measures and a surge in demand for used cars during the pandemic, Carvana ( NYSE:CVNA ) has defied expectations and emerged stronger than ever. The company's journey to...
CVNA might offer another entry today. Might be a fake breakout first. But still interesting.
As you can see here we have NYSE:CVNA on the 4 hour chart. We have 4 confluences, we have the 200 MA, support, a demand zone and we are trending upwards on the weekly all showing we shall go up. Now, all I am looking for is a strong green heikin ashi candlestick to break this trendline with valid volume. I would be targeting the nearest supply zone around the...
CVNA is looking to breakout of this downward channel it's been caught in since mid December. It has reclaimed both the 50 and 20 EMAs and is pushing the top end of the channel. With 35% short interest, a bullish Fed decision could send this flying.
CVNA on a 30 minute chart trended up from November post earnings for 6-7 weeks until December 20th and then started falling from a head and shoulders pattern at the pivot. The Fib retracement tool is used to draw the retracement of the prior up trend. The Trend Based Fib Time is used on that prior up trend to show fib levels across time instead of...