Carvana's Fundamentals And Chart Screeming For A Short

已更新
From a very well known Short-Seller in the markets I read a concerning letter this morning:

"Carvana Trades At An 845% Higher Sales Multiple Than Online Car Peers Like CarMax and AutoNation, And A 754% Premium On A Forward Earnings Basis."

...ummmhh... §8-()

The Chart does look very scary too.
This exponential move can't sustain very long. As we see, the first bounce already alerts me to prepare for a big short.

If this plays out as projected, we see a heavy dump in the coming weeks and months.

交易進行
Back to the scene of crime - where price took the break to the downside:

快照
Beyond Technical AnalysiscarvanashortChart PatternsCVNAcvnashorthindenburgmedianlineshortTrend Analysis

免責聲明