$CVNA Should Get a Bounce Soon

On $CVNA, I see good fibs both in the depth of the retracement, and between the legs within the retracement. It’s a good zig-zag.

As such, we may expect a bounce to the orange box above us.

CVNA


[UPDATE]: Instead of getting the bounce as expected, we consolidated before failing further. I will file this under “Unsuccessful Calls.” I will need to monitor the price action from here prior to making a new call.

CVNA


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