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PaperBozz
Jan 10, 2024 10:38 PM

$RDFN - Probably nothing. 

Redfin CorporationNASDAQ

Description

NASDAQ:RDFN Looks like forming Head and Shoulder. If the price breaks below $9 it can see further downside.

Note only if the price breaks below the neckline around $9, the pattern is validated.

On the other hand if the price breaks above $10.50, the pattern is invalidated.

Tomorrow CPI data will determine, whether or not the neckline support hold.
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