CVNA +177%: a base breakout off the lows, June 2023
In the spring of 2023 Carvana looked finished. The stock had fallen from the mid-teens to 71 cents inside a year, and most of the tape had left it for…
In the spring of 2023 Carvana looked finished. The stock had fallen from the mid-teens to 71 cents inside a year, and most of the tape had left it for…
A stock runs 30% in six sessions, then goes quiet. The candles shrink, the volume dries up, and price drifts sideways for a week. Most traders read that stall as…
Most losing trades I review have nothing wrong with the entry pattern. The flag was clean, the volume looked decent, the stop was in a sensible place. The problem sits…
The bell rings at 9:30. A stock I have been watching gaps up 3.4% on a clean earnings beat, prints 86.20 in the first minute, fades to 84.10 by 9:45,…
Reading volume reveals whether real participation backs a price move. How to interpret volume for breakouts, trends, and reversals before any indicator fires.