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Carvana Co.
Short

$CVNA going down

By DrJZ313
Updated
CVNA If we get a break down below $42.50, should push further to $36
Comment
May break upward a bit with market momentum to 46 - 46.25 which presents a good placement to begin building a short position with Puts to $40 then $36 with momentum
Comment
Push below $39.75 will build more momentum down
Trade closed: target reached
On Aug 17 this hit $36.51

As of today CVNA looking frothy - just posted a new Idea to reshort
CVNADouble Top or BottomTechnical IndicatorsshortsSupport and Resistance
DrJZ313

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