Get started
CARVANA CO COM USD0.001 CL ACARVANA CO COM USD0.001 CL ACARVANA CO COM USD0.001 CL A

CARVANA CO COM USD0.001 CL A

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

0A79 trade ideas

CVNA falling knife, wait for the trade...CVNA is in a falling wedge and failed to hold above the 236 from ATH to recent swing low, super bearish. Daily bearish divergence playing out on the MACD, RSI showing continuation of the bear trend. VFI is super bearish indicating low money flow. All on daily time scales. There is weak support at 27.65, with major supports being both 23.60 and the bottom of the channel. If the channel doesn't hold, the 786 from the major swing is the next psychological support, as well as the bottom of the wedge w/ stronger supports at 19.20, 16.75, 12.46 prices.
NYSE:CVNA
by remlog
It could make A BIG MOVE!!!NYSE:CVNA I'd like to see this one move sideways to consolidate and gain some strength in the morning before it gets going (just like drawn on the chart). buy as a swing trade above 37.14, with a stop at 35.48; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then don't chase it. Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
NYSE:CVNALong
by xtrading_ideas
CVNA Breaking Out of DowntrendCVNA has broken out of a downtrend that started in mid September. It is also testing the resistance line of a rounding bottom that started forming in early December. I went long near the closing price of the breakout day based on break of downtrend. This trade would be considered premature in terms of the rounding bottom thesis but I may add to my position if it goes my way and the rounding bottom is proven. The RSI is right around 54 at the moment indicating that there is room to run much higher. Stop loss is set just below the low of the last day inside the downtrend: $34.70 or 6% risk. Ideal target is the approximate height of the round bottom which is $8.50: $45.40 or 23%. Risk/ reward is: 3.84 WHY THIS TRADE MIGHT FAIL: Target was established based on assumed completion of another pattern. Volume on breakout day was less than ideal. Rounding bottom volume approximately but far from perfectly matches the shape of the bottom itself. The $40 is a key level which could impede reaching the full target. Good luck have fun.
NYSE:CVNALong
by ZeroEdgeCapital