StockCharts TV on $CVNA (Nov 3, 2026)
AI summary · StockCharts TV
Carvana has jumped out of a downtrend with RRG lines just warming up, so the first bounce may not be worth chasing. Because it is coming off massive support around 57, Carvana could be a very interesting chart to look at on the drop back.
BullishHe framed it in weeks
“StockCharts Added RRG Scanning. Here’s How to Use It”
StockCharts TVPublished Nov 3 · 1 passage
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We have Deer and GM. And then let's go Carvana, Echo, and FedEx. And again, I'll put on my RG. So here you see that big jump coming out of a downtrend. RG lines are just warming up here.
Again, big jump. Maybe not something that you want to chase, but what I like is that it's coming off this massive support area here around 57. So the bounce is first, but on the drop back, I think that Carvana could be a very interesting chart to look at.