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Slingshot Bullish appears for CVNA after 2.9% move
CVNA closed down 2.9% on Tuesday, August 11th, with volume running 0.6× below average. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 200 DMA and Stochastic Sell Signal indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 69.98, 67.96 & 66.15, with resistance at 73.81, 75.62 & 77.64. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CVNA: C
Today’s move could mean more—check all the signals for CVNA on SwingTradeBot.
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