CVNA price action will be interesting to watch as it runs up to earnings. I don't think earnings will be different this time around - nothing has really changed with pandemic and people are still looking for used cars as an alternative transportation.
Price action has been grinding the upward trendline as well, and hopefully continues to do so. Will be looking at 189 and 184 as possible entry points which is possible by Friday 10/23.
CVNA has also been surprisingly undersold since gapping up last month.
Price action has been grinding the upward trendline as well, and hopefully continues to do so. Will be looking at 189 and 184 as possible entry points which is possible by Friday 10/23.
CVNA has also been surprisingly undersold since gapping up last month.