CVNA (Carvana Co.) offers an objective re-entry on this post-opening rally for those that took the quick 10%+ profit at T1 yesterday. One could re-enter here on today’s decent rally off T1 (aggressive but potentially a more favorable re-entry price) and/or on the next break below the uptrend line/bearish rising wedge pattern. Updated 60-minute chart with yesterday’s AH & today’s pre-market trades in white.
CVNA 60m May 8th