As the earnings is approaching. Carvana looking to bounce from its 200 EMA line.
As it makes the move upward, it might potentially create momentum breaking its 21 day EMA (currently at $298) then its 50 day EMA (currently at $310).
First target within next few daily sessions is $300 to $310.
If it breaks above $315, Looking to test its ALL time high in next...
NASDAQ:UPST
Upstart might fall to $190 to $195,
It is Hitting its upper channel, Volume decreasing, RSI & price action indicating bearish divergence, MACD signaling bearish crossover.
Buying puts for next two weeks, depending on tomorrow's price action.
Microsoft looking bearish in near term.
Looking for price drop from current levels to $224 or $217 in near term.
Near Term Bearish indicators,
1. The 40 EMA line is at $222, which indicates Microsoft is set for correction.
2. RSI making a bearish crossover from overbought levels.
3. Prevailing market conditions/sentiments.
4. No upcoming new/events.
5. MACD...
