Driven by Opportunity: Buying Into Carvana's Bull Flag
Lets face it buying a car through traditional means can be a dreadful experience—aggressive salesmen, awkward pauses, and the back-and-forth negotiation at the sales manager’s desk that ultimately ends up landing back on the price they were thinking about in the first place. Carvana offers a refreshing change with an entirely online and convenient purchasing experience. The unique showroom setup with vending machine-style glass boxes adds an interesting twist to the process. You can input your code and watch your car “pop” out.
From a business perspective, Carvana excels by offering a streamlined, online buying experience with the option for easy delivery or pickup, which makes sense in today’s consumer landscape.
Financials: Carvana has posted impressive triple-digit EPS growth over the last two years (+104.75% in 2023 and +112.61% in 2025) and has shown similar results over the past two quarters (Q3 +132.50% and Q4 +554.04%)
Technical Analysis:
Carvana’s technicals look strong. On the longer-term weekly chart, it recently moved up through Weekly price resistance at 292.84, and is currently resting to catch its breath on top of this level. I would expect to hod above here and push on to achieve further upside to the all-time-highs at 376.83.
Daily Technical Analysis:
On a closer view the daily chart, $CVNA is consolidating its recent gains in an orderly fashion, holding above the broken weekly pivot and the 10/21-EMA zone, ranging from 292.84 (10-EMA) down to 268.88 (21-EMA). The volume on the current correction has been light, and the price action appears to be taking the form of a “Bull Flag.”
A clear and decisive break above the flag boundary at 303.75 would kick off the next up leg.
