Carvana: Bumpy Ride Or Comeback Story? Here's What The Technicals Suggest

Carvana Co's CVNA stock is up over 8.4% at last check Thursday, bringing its price to over $232 a share.Just two weeks ago, the used car retailer was reeling from accusations of fraudulent accounting, thanks to a scathing report from short-seller Hindenburg Research. Today, its share price is accelerating upwards like it’s on a joyride.It’s worth noting that Carvana's stock spiked 428.75% in the past year. Last month? Not so much—it was down 12.57%.Hindenburg Research, infamous for calling out the likes of ...