CVNA (Carvana Co.) offers an objective but aggressive short entry on this minor uptrend line break following the most recent divergent high on the 30-minute chart below.
CVNA 30m Feb 27th
Due to the fact this is a counter-trend trade coupled with the above-average gain/loss potential, the suggested beta-adjusted position size for this trade is 0.40. Suggested stops commensurate with one’s preferred price target(s) using a favorable R/R of 3:1 or better.