First, I must apologize to everyone watching this blog space. After a long recess we are back with some stock idea. Today we are looking at one of our most followed consumers discretionary stocks in this blog space $CAVA.
XLY is the S&P 500 select sector discretionary ETF, and this ETF has lost almost 40% of the value. 
CAVA has lost almost 60% of the values form its ATH. It has been oversold with RSI touching 30 and all the 20-Day, 50-Day and 100-Day SMA below the 200-Day SMA. Recently, CAVA stock has had some good few days and it’s almost 20% above its all-time lows. Now the stock is above the 20 Day SMA which we can call its first bull flag in a few months.
AccumulateCAVA < 100 USD.
XLY is the S&P 500 select sector discretionary ETF, and this ETF has lost almost 40% of the value. CAVA has lost almost 60% of the values form its ATH. It has been oversold with RSI touching 30 and all the 20-Day, 50-Day and 100-Day SMA below the 200-Day SMA. Recently, CAVA stock has had some good few days and it’s almost 20% above its all-time lows. Now the stock is above the 20 Day SMA which we can call its first bull flag in a few months. Accumulate
CAVA < 100 USD. 
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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.
Related publications
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.