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Carvana Stock Looks Ripe For Another Rebound
Carvana Carvana (US:CVNA) Schaeffers Investment Research·2025-11-20 03:37

Carvana Co (NYSE:CVNA) is trading 2.3% higher at 324.67thisafternoon,attemptingtoextendareboundoffthe324.67 this afternoon, attempting to extend a rebound off the 280 level, a site that captured its June pullback as well. Just last month we suspected the 126-day moving average to be a level of support for the shares given its historic significance, while this time CVNA is nearing a new bullish trendline. Following last month's signal, the stock popped as high as $372 -- just three days later.Per Schaeffer's Senior Quantitative Analyst Rocky White, the stoc ...