Carvana Co.Short
CVNA - +16% Short Play with 1:2
CVNA looking overbought. I think this is due a retracement to the mean/retest of the trendline for a +16% trade.
The area corresponds with the 0.236 level on the fib retracement zones.
The area corresponds with the 0.236 level on the fib retracement zones.
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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.