CAn RDFN ( RedFin) Maintain its Post Earnings High ?

NASDAQ:RDFN   Redfin Corporation
RDFN jumped with a 30% + pop from very favorable earnings with a volume spike

Can it hold the price in the sessions of next week or will in bounce down

from the supply /resistance zone charted by the LuxAlgo indicator. What

are the probabilities? Long or short? What do you think? Is this a drop about to

drop or can the momentum catch a breath and run hard again?
Trade active:
RDFN continued net upward price action although directional strength is weakening.

Will hold for now and see how the new inflation report affects things.
Trade closed: stop reached:
RDFN appears to be in a consolidation channel after the big jump. Will close out this trae and set alerts for volume and price to be tipped off as to any suitable price action

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.