targetrocketship

OPENDOOR - CHANCE FOR A BOUNCE

Long
BATS:OPEN   Opendoor Technologies Inc
The STC Indicator shows signs of this stock being oversold. The graph shows a channel that the stock may have fallen into. The overall trend currently is still on the downside but a harmonic pattern printed as a buy signal. The Fibonacci retracement tool indicates this stock has retraced to the 50th percentile and bounces can occur at such levels. If bad news happens and stocks plummet, generally, we can expect OPENDOOR to follow market trends as well.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.