From a very well known Short-Seller in the markets I read a concerning letter this morning:
"Carvana Trades At An 845% Higher Sales Multiple Than Online Car Peers Like CarMax and AutoNation, And A 754% Premium On A Forward Earnings Basis."
...ummmhh... §8-()
The Chart does look very scary too.
This exponential move can't sustain very long. As we see, the first bounce already alerts me to prepare for a big short.
If this plays out as projected, we see a heavy dump in the coming weeks and months.
"Carvana Trades At An 845% Higher Sales Multiple Than Online Car Peers Like CarMax and AutoNation, And A 754% Premium On A Forward Earnings Basis."
...ummmhh... §8-()
The Chart does look very scary too.
This exponential move can't sustain very long. As we see, the first bounce already alerts me to prepare for a big short.
If this plays out as projected, we see a heavy dump in the coming weeks and months.
Dagangan aktif
Back to the scene of crime - where price took the break to the downside:Dagangan ditutup secara manual
Took a loss in the first trade, but this one was a nice one with the Put Options. Out and next...
Watch the latest Video on YouTube, where I explain the Nasdaq Long Trade.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Watch the latest Video on YouTube, where I explain the Nasdaq Long Trade.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.