Watch These Carvana Price Levels as Stock Surges [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Analysts at Morgan Stanley upgraded the stock, saying that recent selling in the shares provides an opportunity for investors to gain exposure to the online automobile retailer. Since setting their late-November peak, Carvana shares have oscillated within a trading range, potentially consolidating before the stock's next move higher. Investors should watch crucial overhead areas on Carvana's chart around $265 and $365, while also monitoring key support levels near $165 and $130. Carvana ( CVNA ) shares surged Tuesday following an upgrade from Morgan Stanley , extending the stock's winning streak to five consecutive sessions. Analysts at the investment bank said that recent selling in the shares provides an opportunity for investors to gain
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