After Hours Session

The last update on Carvana was here.

“CVNA, could just blip higher at the open and reverse.

It could spend the whole day at the test level.

It could blow through to new daily highs … literally, anything.”

Well, it looks like the ‘literally, anything’, is what happened.

With earnings just released in the after-hours session, CVNA is trading at 382, with a peak thus far, of 386.99 (as of 4:34 p.m., EST).

That peak is right at the (higher) 261.8%, Fibonacci projection level shown in this update.

Stay Tuned

Charts by StockCharts

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