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$CVNA Perfect post IPO Phase Base... #InvHeadnShoulders

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Since I've been feeling the love from follows and comments, I've decided to post what's probably my most "Warren Buffett" style stock to own for years to come... Yep, Carvana

Imagine a world where all those local dealerships named after local families are disappeared by an online corporation called Carvana that can beat them in everyway due to technological advantages... TLDR Carvana is Netflix of Car Dealerships
(with AI you'll probably be able to test drive virtually from home in a few years! HAHA)

I've seen it happen with local video stores first with BlockBuster, but more importantly in this case Netflix... My bull scenario is that it's already had it's IPO cycle, Reddit will probably do a similar boom bust cycle before I look into buying and has a BE A U TIFUL inverse head and shoulder base to build from. This is a LEAP play. 2028 expiries...

Ill be looking for a mix of strikes on OTM CALL LEAPS will also be watching open interest spikes on this stock in LEAPS with same idea.

Thank me in 4 years...

-Proffesseas

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I want a retest of 56 breakout level...

Cheaper units - Buffett

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SHEESH 110+ like that

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Want 100ish Level to act as STRONG SUPPORT...

Buy zone here imo... 103

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Acted as strong support... If you have questions, leave comments...

LISAN AL GAIB

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1 of 2 legs SOLD.

Second Leg stop loss at 128.01.

Looking to Sell EOY 2024 for final leg.

150 should be a tough hurdle, don't short, but I don't mind selling taking some profits here...

Rising Wedge look into 150? I'll have to check #Internals

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Did you leg out over 144+?

Warning was sent ...

Look at them dumping it right to my 128.01 Stop Loss within 30cents but never passing "WOW"

Interesting stuff...

トレード終了: ストップロスに到達

ALL OUT... MOVE ALONG!

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10 Likes...
from 80s to 140s....

BOOOOO TRADINGVIEW!!!!

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Classic!!!! "Shake n Bake"

This is a great lesson in "Market Mechanics" ... Market does "Stop Hunts" from time to time to shake out weak hands / retail ... Only to come RIGHT BACK UP "V" style... This happens ALL THE TIME depending on the time frames... Learn how to spot / feel when we hit #Turbulence , #RiskManagement and #Survival should be focus in those areas , SOME TRADING ENVIRONMENTS are much more comfortable than others... Find your #ZONE

150+ Break is a CRIT LEVEL!!! ... can pop 10-20% higher ie; 165-180 within a few weeks if markets want to continue #Higher4Longer lol