Is it time to book profits ? CMP 304 Post the correction last month, this stock has again come back to its ATH, with the RSI divergent and MACD almost at the point of reversal in trend.
Expecting some correction in the coming month, hopefully, sell in May and go away works here.
Disc: Holding short positions, chart only for learning purposes.
CV0 trade ideas
CVNA bullish to 180/200CVNA Loves the MAs. This stock will scare you straight, and still have you rushing back for more.
Patience and expiry are key here. I like January expiry on calls.
Look at the chart and you'll see the bottom volume strength, as well as the buyer strength over sellers
Looks good. NFA
Moving up to Weekly 50% Fib. aka 180-200 zoneCVNA never fails to buy the damn dips
Weekly chart looks ready for a little lemon squeeze
Not financial advice. Data is showing 180-190 figures maybe for the end of this month or beginning of next
Good luck. I've been doing calls since $80 so I'm in with January and September expiry for a relaxed position trade.