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CVNA - Head&Shoulder pattern on the Daily
Carvana Co.
Short
CVNA - Head&Shoulder pattern on the Daily
By adkis
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Jul 30, 2024
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CVNA on the daily timeframe has an Head & Shoulder pattern, which is usually a bear pattern.
If this were to play out, then expecting to see it test 100 level.
Also, Daily chart has a Gap to be filled on the downside until level 92-91 area.
Earnings in this week so expecting some moves.
PS: I have no position as on today but willing to lotto some on the put side on the day of the earning
Chart Patterns
Trend Analysis
adkis
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