TradingView
deary
Feb 1, 2021 8:23 PM

$OPEN. Newer highs soon? Long

Opendoor Technologies IncNASDAQ

Description

OPEN has been trading in a wave pattern that's been easy to spot and enter during the previous 2 times they happened. The price squeezes into the 55ema, and stochastic rsi is below 30 is the buy signal before the next leg up (which it just flashed today).

Applied wave theory to the chart. Price targets on the chart. Not financial advice.
Comments
deary
if we hold the 100% fib extension (~34.67) this could be a wave 4 move down. will be looking for some consolidation here before the next move up.
deary
looking good!
More