CVNA - When Its Time To Buy You Won'tTitle is not advice btw just psychology of markets.
CVNA looks fairly deep here with low down 71% and having diverged up from RSI @ 21 - lowest ever reading, even much lower than 2020 lows that only hit 30.
In addition CVNA pierced through the lowest fib of the GRM indicator and a "DIP" buy signal has appeared for only the 2nd time.
If RSI remains above lower band it looks good for a bounce I think. If price falls below then low then perhaps not.
Not advice.
