Early Session, Inside Bar

It’s been a streak of Fibonacci 13-higher closes in a row, until last Friday.

Friday was ‘outside-down’. Today, we’re trading inside that bar (so far).

At this juncture (early session) CVNA is posting slightly below the minor resistance points (the closes) shown in the chart

Carvana CVNA, Daily

The condition is very subtle and there’s been no real sign of supply … just a potential softening of demand.

Stay Tuned

Charts by StockCharts

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