#CAR short via vwap analysis

Nov 4, 2021

#car Yearly vwap average price paid is merely 118, this is trading at 3 std deviations above average price and is the closest thing to free money the market will ever give you. Extremely overbought, outside and above every metric you can look at for the case of underweight, this is a strong sell and short opportunity. Fundamentals cannot support this massive move either. Option premiums are still a little messed up from the high IV so I would recommend shorting shares if you can otherwise pick otm puts. Price target of 200 within the next 2-3 months. "your risk is your own, not financial advice"

Nov 4, 2021

Note

Apparently I accidentally took the vwap off lol, trust me on this one.