Carvana bouncing from its 200 EMA.
As the earnings is approaching. Carvana looking to bounce from its 200 EMA line.
As it makes the move upward, it might potentially create momentum breaking its 21 day EMA (currently at $298) then its 50 day EMA (currently at $310).
First target within next few daily sessions is $300 to $310.
If it breaks above $315, Looking to test its ALL time high in next few months.
RSI is currently over sold. MACD signaling bullish crossover. (OVERALL LOOKING BULLISH IN FUTURE)
AVERAGE ANALYST PRICE TARGET - $401
As it makes the move upward, it might potentially create momentum breaking its 21 day EMA (currently at $298) then its 50 day EMA (currently at $310).
First target within next few daily sessions is $300 to $310.
If it breaks above $315, Looking to test its ALL time high in next few months.
RSI is currently over sold. MACD signaling bullish crossover. (OVERALL LOOKING BULLISH IN FUTURE)
AVERAGE ANALYST PRICE TARGET - $401
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