$CVNA - Potential Long Swing Trade Setting Up for first Swing Trade of 2026

u/PaulxBrat · Reddit — r/StockMarket · January 02, 2026 at 13:25 · ⬆ 5 pts · 💬 19 comments  | View on Reddit ↗
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Original Reddit post

Author outlines a conditional long swing setup in Carvana, waiting for a wave-4 pullback to $400-$410 before targeting $510 in 2026.

CVNA — WATCH The author sees Carvana as a potential long swing trade for 2026, but only if a fourth-wave pullback tests daily/weekly support around $400-$410. He wants the Elliott Wave oscillator between 90%-140% and a false-breakout stochastic cross in oversold, expecting a fifth-wave move toward $510. He says at this stage he will wait and be patient until the criteria are met.

At this stage I will wait and be patient. If this criteria mentioned meets, then I will look for a move away from this support and look for an entry with a 5th wave target around $510

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u/PaulxBrat Reddit r/StockMarket
Carvana conditional long setup targeting $510
The author sees Carvana as a potential long swing trade for 2026, but only if a fourth-wave pullback tests daily/weekly support around $400-$410. He wants the Elliott Wave oscillator between 90%-140% and a false-breakout stochastic cross in oversold, expecting a fifth-wave move toward $510. He says at this stage he will wait and be patient until the criteria are met.
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This Reddit post, published January 02, 2026, features u/PaulxBrat discussing CVNA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/PaulxBrat  · Tickers: CVNA