Since the time we mentioned Carvana its been on an absolute tear BULLISH!
If you think you missed out on all of the fun, were looking at a strong continuation pattern that can provide incredible upside for the stock.
Whats driving this?
We suspect its mostly due to our election year and the fed pausing/dropping rates.
Carvana is not alone. You’ll find plenty of stocks within the finance/fin-tech space that would stand to benefit potentially.
Here is our Idea:
What we are looking at is a Bullish “Cup and Handle” formation.
Carvana is a stock buy for us today and ideal options would be for April 19th with an ideal entry of 39.50
We think Carvana can pump all the way to 140, yes 140! Maybe even an overshoot around 150. Massive potential there. As always do your own research and due diligence!
