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jonwayne02

$OPEN – Rising Three Method

Long
Opendoor Technologies Inc (NASDAQ:OPEN)  
jonwayne02 Updated   
NASDAQ:OPEN   Opendoor Technologies Inc
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
$OPEN – Rising Three Method

Mapping my plan for $OPEN. I see the candles are forming a bullish Rising Three method. Breakout of wedge, support by volume profile and EMA. Positive/neutral technicals and oscillators. Curling MACD. RSI and volume are a bit high so maybe a small pull back.
Comment:
Pull back to the 50 EMA - still within the range of consolidation, so a breakout still seems possible... learned that the candle pattern signal may only be valid for a day or so.
Comment:
Finally broke out...
Trade closed: target reached:
First target reached... decided to hold.
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