Inverse Head and Shoulders for CVNA
RSI is high at 65.90 and beginning to touch the support line. If it breaks through we have plenty of upside. It is bullish trading above the 200 moving average. The MACD has crossed and we have earnings on Feb. 22. If the earnings are good, this could potentially continue to move higher like in the past. the volume is 6 million. Looking the white lines for taking profits. Stop loss at the 20 day EMA.
Trade closed: target reached
All price targets hit.Note
Had you held, you'd doubled your money. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.