Carvana is staging a breakout; a daily close above $876.07 increases the probability the breakout has staying power and could test the 50% area of the parallel channel.

Now, lastly into a viewer request for Living Lending, I do have Carvana on the daily time frame. Now, you can see Carvana is staging a breakout. Now, we can see much like the theme of this show, guys, breakout, retrace, bounce play in effect testing the most recent highs on the initial breakout putting in a daily close above this candle, which is at uh 876 dollars and 7 cents increases the probabilities that this breakout will have staying power and then test the 50% area of this parallel channel that coincidentally happens to correspond right here with these pivot highs that occurred back in April of this year. So, make sure and maintain uh a very specific detailed notes on where price closes on Carvana specifically tomorrow on and the following day to see if this break continued bounce play has more breakout potential to push us up to the 50% area of the parallel channel.