$CVNA - RC -
Added 2023-10-10 18:57:14 +0000 UTC$CVNA is following our chart, that double top at the previous high has been as brutal as we expected, it has rejected very hard since then.
The best case scenario for $CVNA here is holding support around the 0.618 Fib at $24, to try and salvage an impulse wave....and I am being very kind here, as I believe this is a corrective 5 waves down count in red.
This is still too high risk to recommend so there is no rush to jump in here.....it needs to find support and I think a relief bounce may catch people out here.
