NYSE trade advice (B): US Gas Stations stock | 6-8% gain | USA stock trading picks on 23 Oct 2024

Stock Market
NYSE, United States of America

Target hit. Trade closed.

23 Oct 2024
28 Oct 2024
30 Oct 2024
6 days
Loss per
100,000 USD
Stop-loss
185
Buy Advice
23 Oct 2024
191 – 196
Target 1
28 Oct 2024
208
Target 2
30 Oct 2024
211
Profit per
100,000 USD
6 days
8,651
185
191 – 196
208
211
8,651
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Carvana
  • 191 – 196
  • 208 – 211
  • Below 185
  • 6% – 8%
  • 12 - 14 Days
  • Buy Carvana
  • Buy
    Range
    191 – 196
  • Target 208 – 211
  • Stoploss Below 185
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Carvana (NYSE: CVNA) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • CVNA
  • Carvana
  • Gas Stations
  • 198
  • 25
  • NYSE code CVNA
  • Stock Name Carvana
  • Sector Gas Stations
  • 52 Weeks High 198
  • 52 Weeks Low 25
  • Company profile

    Carvana Co. and its subsidiaries run an online marketplace for the buying and selling of pre-owned vehicles across the United States. Their platform enables users to explore and select a car, utilize the company’s innovative 360-degree imaging technology for inspections, secure financing and warranty options, complete the purchase, and arrange for delivery or pick-up, all from their computers or mobile devices. Additionally, the company manages auction platforms. Established in 2012, Carvana is headquartered in Tempe, Arizona.

  • Carvana (NYSE: CVNA) vs NYSE - Relative Strength Comparison

    The image compares Carvana's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    CVNA —   NYSE —

  • Carvana (NYSE: CVNA) - Technical Analysis (Daily)

    Carvana - Technical Analysis chart on Daily Price and Volume
    Carvana - Technical Analysis chart on Daily Price and Volume

    • The stock price is currently on a robust upward trajectory.
    • During this ascent, it formed an Inverted Head & Shoulders pattern.
    • After breaking through, the price shot up and established a Pole & Flag pattern.
    • With yet another breakout, the stock is now moving higher.
  • Carvana (NYSE: CVNA) - RSI Indicator

    Carvana stock analysis based on RSI indicator
    Carvana - RSI indicator

    • Current RSI of this stock is 74.47, which indicates the strength of buyers.

  • Carvana (NYSE: CVNA) - ADX & DI Indicator

    Carvana stock analysis based on ADX & DI indicator
    Carvana - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Carvana (NYSE: CVNA)- EMA Crossover

    Carvana stock analysis based on EMA Crossover
    Carvana - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Carvana (NYSE: CVNA) Stock Price Forcast

    Based on our stock trading advice in United States, Rasan Information Technology stock price target will be USD 208 - USD 211 in the next 12-14 trading sessions.

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