To The Moon

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. As shared in my previous article, [05 May 2023] A.I. Model Daily Stock Watchlist, Carvana (CVNA) was the daily pick stock. I have managed to do a quick scalp trade to take advantage of the gap up. (though only approx. 3.69%). How did I plan my entry price on 05 May 2023 I decide to observe the price and volume movement after 9.30pm to 9.45pm. And once the MAVOL5 cross the MAVOL10, I decided to enter at $9.19. I was observing the Bull/Bear strength, it does not have much Bull strength, so I decided to take approx. 30 cents gain. I would think if renewed interest is back for Carvana(CVNA) today(08 May 23), this would be how I plan to do a short trade. I would be looking at key level ($9.60 to $10), if these key level fails, it could gap down to $8.50. It need to hold $10 and gap over, then I would go for a short trade, entry price would still be around $9.20. I will watch the Bull/Bear Power on Trading View closely. Bull/Bear Power on Trading View I make an entry when Bear strength is at one of its highest, and it has stayed almost the same throughout the same trading session. I would be looking the Bull strength build up as it gap up, and then there should be an adjustment down to around $9-$9.20, that is where I will plan my entry. if the price stay below $9 for a long period then this would not be a good tradeable stock. Appreciate if you could share your thoughts in the comment section on whether you are looking to trade Carvana(CVNA) today (08 May 23). Do like, share and comment on this article if you find this trading thought useful. @TigerStars appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts. Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.