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CVNA heads up at $209 then 219: Major hurdles to strong uptrend
Carvana Co.
CVNA heads up at $209 then 219: Major hurdles to strong uptrend
By EuroMotif
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Oct 29, 2024
4
Oct 29, 2024
CVNA has been flying off the bottom 2 yrs ago.
Latest bull wave may be coming to end soon.
Earnings due soon, should make the decision.
$ 209.35 - 209.98 is the immediate resistance.
$ 219.04 - 222.96 is a major cluster of 3 fibs.
$ 233.74 - 234.60 is an overshoot target above.
$ 195.31 - 196.95 is the first (moderate) support
$ 180.87 - 182.38 is a better (stronger) support.
$ 171.58 - 173.68 is critical (strongest) support.
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Fibonacci
goldenratio
Support and Resistance
EuroMotif
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