UndervaluedConsidering the companies Bookvalue, each share should in theory be worth 138 dollars per share, hence just purely based on the book value this company is hugely undervalued.Longby wulrahmahUpdated 553
CARVANA to 0 will be a big indicator! (Bottom)ENG: - Carvana is a used car dealership that operates like a unicorn. (they don't make money, they operate on loses). - Sadly, Carvana is NOT a tech company that can generate additional revenues in any other way other than: SELLING CARS. - Used car sales for the past 2 years went crazy towards the upside, and are now crashing fast. - Most car loans generated in these last 18 to 24 months are underwater by quite an insane margin. - The Car Repo Business has acquired long term properties, to not drop all inventory into the market at once, and kinda stabilizing prices. - High interest rates make it impossible for average people to buy new or old cars at the moment and for the next year or so based on what the Fed says. THESIS: Carvana shouldn't exist. They took advantage of being funded like a technology company, when their business model never evolved further than any other conventional car sales company. Carvana is ONE OF MANY companies that shouldn't exists in this market. Until we see these companies go bust and what the consequences to the investment firms that poured money into them are, we can't call it a bottom. ----------- - Carvana es una concesionaria de autos usados que opera como un unicornio. (no ganan dinero, operan con pérdidas). - Lamentablemente, Carvana NO es una empresa de tecnología que pueda generar ingresos adicionales de otra forma que no sea: VENDER AUTOS. - Las ventas de autos usados durante los últimos 2 años se volvieron locas hacia arriba y ahora se están desplomando rápidamente. - La mayoría de los préstamos para automóviles generados en estos últimos 18 a 24 meses están bajo el agua por un margen bastante gordo. - El negocio de reposesion de autos, ha adquirido propiedades a largo plazo, para no dejar caer todo el inventario en el mercado a la vez y asi estabilizar un poco los precios. - Las altas tasas de interés hacen que sea imposible para la gente promedio comprar autos nuevos o viejos en este momento y durante el próximo año, según lo que dice la Reserva Federal. TESIS: Carvana no debería existir. Aprovecharon que se financiaban como una empresa de tecnología, cuando su modelo de negocio nunca evolucionó más que cualquier otra empresa de venta de automóviles convencional. Carvana es UNA DE LAS MUCHAS empresas que no deberían existir en este mercado. Hasta que veamos que estas empresas quiebran y cuáles son las consecuencias para las empresas de inversión que invirtieron dinero en ellas, no podemos llamarlo fondo. by salomondrinPublished 1
Weekly Dark Cloud Cover and Weekly RSI Bearish DivergencePotential Weekly Dark Cloud Cover while showing RSI Bearish Divergence. The MACD will be crossing bearishly soon too.Shortby RizeSenpaiUpdated 5
CVNA BANKRUPTCY IMMINENT DO NOT BUY!!!!!!! CVNA I have made dozens of comments since $300 this is going to ZERO!! The CEO and his father are shady A-F, the debt is high risk and will be defaulted on. DO NOT BUY SHIT STOCKS!!!Shortby ShortSeller76Published 117
10 reasons most traders lose moneyHey everyone!👋 Trading & investing is not easy. If it were, everyone would be rich. Here’s a couple time-honored reasons that traders lose money, and some tips to help you get back to basics. Lack of knowledge 📘 Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful. As a result, they make costly mistakes and quickly lose money. Poor risk management 🚨 Risk is an inherent part of trading, and it's important to manage it effectively in order to protect your capital and maximize your chances of success. However, many traders don't have a clear risk management strategy in place, and as a result, they are more vulnerable to outsized losses. Emotional decision-making 😞 It's easy to feel strong emotions while trading. However, making decisions based on emotions rather than rational analysis can be a recipe for disaster. Many traders make poor decisions when they are feeling overwhelmed, greedy, or fearful and this can lead to significant losses. Lack of discipline 🧘♂️ Successful trading requires discipline, but many traders struggle to stick to their plan. This can be especially challenging when the market is volatile or when a trader is going through a drawdown. Create a system for yourself that's easy to stay compliant with! Over-trading 📊 Many traders make the mistake of over-trading, which means they take on too many trades and don't allow their trades to play out properly. This leads to increased risk, higher brokerage costs, and a greater likelihood of making losses. Clearly articulating setups you like can help separate good opportunities from the chaff. Lack of a trading plan 📝 A trading plan provides a clear set of rules and guidelines to follow when taking trades. Without a plan, traders may make impulsive decisions, which can be dangerous and often lead to losses. Not keeping up with important data and information ⏰ The market and its common narratives are constantly evolving, and it's important for traders to stay up-to-date with the latest developments in order to make informed decisions. Not cutting losses quickly ✂️ No trader can avoid making losses completely, but the key is to minimize their impact on your account. One of the best ways to do this is to cut your losses quickly when a trade goes against you. However, many traders hold onto losing trades for too long, hoping that they will recover, and this can lead to larger than expected losses. Not maximizing winners 💸 Just as it's important to cut your losses quickly, it's also important to maximize your winners. Many traders fail to do this, either because they don’t have a plan in place, telling them when and how to exit a trade. As a result, they may leave money on the table and miss out on potential profits. Not Adapting 📚 Adapting to changing market conditions is paramount to success in the financial markets. Regimes change, trading edge disappears and reappears, and the systems underpinning everything are constantly in flux. One day a trading strategy is producing consistent profits, the next, it isn't. Traders need to adapt in order to make money over the long term, or they risk getting phased out of the market. Overall, the majority of traders make losses because they fail to prepare for the challenges of the market. By educating themselves, developing a solid trading plan, and planning out decisions beforehand, traders can improve their chances of success and avoid common pitfalls. We hope you enjoyed! Please feel free to write any additional tips or pieces of advice in the comments section below! See you all next week. 🙂 – Team TradingViewEditors' picksEducationby TradingViewPublished 197197 2.2 K
CVNA treidiMiken long positio. CVNA longi Miken long positio. CVNA longi Miken long positio. CVNA longiLongby viggen5Published 0
Three Inside-DownThree inside-down pattern on the 1D Carvana chart. This is supposed to be a reversal pattern, but this chart doesn't do the best job of showing that. Candles are valid. #TheTradeSchoolby euphoricSeagul14333Published 0
Oversold? Time to buy?It has reached my target about $10. I am buying it. Looks oversold. I would wait until FEB for it to bounce and then sell again, hopefully for a double bottom. Peace !!!Longby babu_traderPublished 221
Cvna Put I'm very sad I was paying this more attention bc I would've noticed that it broke the trend line I drew on 8.22.2022. I see this going to $26-23.55 in the next coming month. Shortby MaryBlossomJUpdated 4
a FREE longer term momentum play on CVNA 5 TO 10 bar hold on CVNA weekly run potential. Want for this to be a winning trade whole time stop under $40 / trailing momentum up. Target just under $80Longby vgadams09Published 0
Next support could be $33The Cheat Sheet of the stock market + memestock cycle has this heading towards $33 and below if it breaks that support. Carvana still having issues with titling in multiple states and more states banning them makes for bear case short term.Shortby efbombPublished 112
CVNA - up trend underwayCVNA built a cup base formation over 2.5 months before breaking up a minor neckline@34 on 5 Aug with very high volume. It has also since broken above another neckline @ 47 and the trend is clearly up now. Any near term retracement should not go below 42 Manage positions with trailing stops. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby JuliacPublished 11
CARVANA - LongGood Day! Have been tracking this idea for a while, and we've seen excellent upside so far. Retracements could provide further opportunities to increase positions. What do you think about above? Best, Figuring Out FinanceLongby FiguringOutFinancePublished 225
#cvna #stockThe end of the negative trend? The wedge shape seems to be broken, the movement of the indicators confirms the change. The exchange rate is looking for a direction. The next 5 waves emerging? Longby UnknownUnicorn6190446Published 0
Cvna short from 35Gambling on ER 35p looking for a move down to mid 20s. This run up into ER feels fishy af.Shortby Dseok123Published 2
CVNA Carvana Options Ahead Of EarningsLooking at the CVNA Carvana options chain, i would buy the $31.5 strike price calls with 2022-8-5 expiration date for about $2.05 premium. Looking forward to read your opinion about it. Longby TopgOptionsPublished 558
CARVANA - BottomingLet's see if it bottoms here and reverses up in the next week. Looking for $30 prior to August earnings on a reversal. $CVNA This is not trading adviceLongby Midnight_TradesPublished 112
CARVANA - RSI 30RSI has been hovering flatly around 30 since April '22. Breakout incoming! NYSE:CVNA Good luck everyone - C This is not financial adviceLongby Midnight_TradesPublished 661
$CVNA Quick Double - Best Case ScenarioCarvana stock is more hammered than a freshman in college trying to rush a fraternity. Is there more downside potential in the short-medium term? Absolutely. But, there's currently a hollow green candle on the monthly chart and the daily chart is showing some signs of possible reversal (yes, I'm writing this after a 12% down day). Trade plan - buying shares and looking for 25-50% upside in the next several weeks prior to an earnings report that could do further damage to the stock price unless there's a positive suprise or some sort of good news (not sure what that could honestly be). 30+% of short interest is another factor why we could see a quick uptick prior to earnings in the case that shorts cover prior to earnings. Bought: $22 Target range to sell: $30-35 Good luck people! - C As always, this is not advice just tracking my personal trade.Longby Midnight_TradesPublished 333
CVNA Carvana Co Long term bullish viewCVNA Was trading at $100 range pre-covid and now trading at $20. Major double bottom is vissble in the chart. At the very least I see it claiming high $40 range in couple of months or more. I don't deny that it has a chance to tag $10 and then start to rip.by GoatOfWallStreetPublished 445
Used Car Market is Stronger than This Chart - CVNA going upReasons to buy stock, open bullish spread, or long swing calls: > RSI and stochastic both beginning to turn up with short term line crossing over longer term line. > Yellow line shows first target to 64, which is more than double current stock price. > Price is far from 20sma and due for mean reversion. > Over the next few months, if warranted, price could go 3x or 4x higher into the upper yellow bands, 80-100 and 125-145. > Company's Chief Product Officer made a huge purchase in June. > Used car sales have been relatively strong due to demand from car rental companies. > Risk is low if you buy under $30 (ideally under $28), with unusually high reward. Longby OptionsRisingPublished 5513
Carvana Bounced Heavily Off Fibonacci LevelAs I predicted, Carvana's price bounced off of the Fibonacci retracement level. One important thing to note is that Carvana has never bounced more sharply off of a Fibonacci level as it just did. This gives a strong indication that this Fibonacci level may have marked a significant bottom. While price may try to retest the level or oscillate downward to consolidate, the underlying currents in the broader market are bullish. While I don't give financial advice, if I were shorting CVNA, I would definitely be taking profit and closing my position. This is a very bullish signal. See my post here from three weeks ago: Not financial advice. As always, anything can happen.by SpyMasterTradesPublished 6
Buying Opportunity: Carvana (CVNA)This analysis is fairly straightforward. Carvana (CVNA) is nearly fully retraced. Momentum downward is slowing, multiple indicators are showing a bottoming pattern, and open interest in calls is increasing. Although the price can still fall another 10-20% to the low, it's likely that a bottom is near. This is an obvious choice for long-term investors who want to enter at the bottom to go long. Be aware that this is a monthly chart and reversals can take time. Conservative investors may wish to wait until a bullish monthly or weekly candle forms before entering to go long. Not financial advice. Longby SpyMasterTradesPublished 17177