https://rightsideofthechart.com/cvna-carvana-co-swing-trade-idea-5-2-25/ Stock Trading, Investing & Market Analysis Wed, 07 May 2025 20:32:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/cvna-carvana-co-swing-trade-idea-5-2-25/#comment-35709 Sun, 04 May 2025 21:55:13 +0000 https://rightsideofthechart.com/?p=217059#comment-35709 Just a quick mention, the 90 day Tariff pause could easily have extensions just like the TikTok 75 day extension for a deal made earlier last month.
Lots of short/mid-term bullish macro elements recently as you are all aware.
The biggest technical bullish case is how many securities have regained the Liberation day sell-off.

]]> https://rightsideofthechart.com/cvna-carvana-co-swing-trade-idea-5-2-25/#comment-35708 Sat, 03 May 2025 21:37:19 +0000 https://rightsideofthechart.com/?p=217059#comment-35708 Carvana is primarily a second hand dealer. They buy cars coming off leases as late model used cars. Tariffs may benefit this company in the long run. I’ll wait until after earnings and breakdown confirmation before opening a put position June 25 strike 65 for $50 then buy more contracts on the peaks. I doubt it will drop 50% but even a 25% reaction should bring a nice profit! Thanks Randy!

]]> https://rightsideofthechart.com/cvna-carvana-co-swing-trade-idea-5-2-25/#comment-35704 Fri, 02 May 2025 19:34:08 +0000 https://rightsideofthechart.com/?p=217059#comment-35704 be careful. earnings might be very strong with people trying to purchase before the tariffs hit car prices.

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