Carvana Co.
Short

CVNA - Obvious but not so obvious because it's very obvious

36
Every trader knows CVNA is Sh#t Co but not much success shorting it for many of us.
Probably this may work now if broader market corrects here.

Short Entry anywhere between 380-350

Target 1 - 280
Target 2 - 250

Stop loss - 385

Prefer to options spreads or credit spreads rather than puts.

Confluences -
-Below anchored VWAP
-Below 50 EMA
-Volume gap below 320 upto 250

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