Carvana Co.Short
CVNA - Head&Shoulder pattern on the Daily
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
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
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If you like my work and would like to appreciate, then give me a follow me on X (formerly Twitter)
x.com/adkis7
x.com/adkis7
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.