Very Close, To ‘310’

If the high holds, the difference between 310, and 311.88, is 0.61%. 🙂

The link above, actually says “310-area“, so either way, it’s close.

Of course, it’s what happens next that’s important.

One thing that can be said with some confidence, Carvana is at The Danger Point®.

This is the area where the risk is least, for a short position (not advice, not a recommendation).

Carvana CVNA, Daily Close

There it is: Spring-to-Up-Thrust, link here.

Around mid-session, as CVNA was continuing its breakout (prices rising), a short was opened: CVNA-25-02, with stop at the session high, 311.88 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279