Opendoor is back to its historical (IPO) levelOpendoor is back to its historical (IPO) level
Opendoor Technologies (NASDAQ: OPEN) has made a remarkable journey back to its historical IPO price level.
The company went public in mid-June 2020, with its stock price surging to a peak of around $39 per share by early May 2021—representing a gain of more than 260%. However, the momentum reversed sharply, and despite several recovery attempts, the stock continued to decline, eventually hitting an all-time low (ATL) near $0.50, a loss of over 95% from its peak.
Since reaching that bottom, Opendoor has staged a powerful rebound, pushing back toward its IPO level from 2020.
Key questions for investors now are:
What fundamental catalysts could drive a decisive breakout above this level?
How much further upside potential exists from here?
Should investors also prepare for the possibility of another pullback?
Final thought: A confirmed breakout above the IPO level could open the door to further gains, with the next potential target around $13 per share.
📌 This analysis is for educational purposes only and not financial advice. Please trade and invest responsibly.
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Opendoortechnologies
$OPEN Bullish Explosion Loading?L —Don’t Miss Out🔥🚀 **OPEN Weekly Call Play: High Conviction Momentum Setup!** 🚀🔥
📊 **Trade Breakdown (2025-08-23)**
* 🎯 **Ticker**: \ NASDAQ:OPEN
* 🔀 **Direction**: CALL (LONG)
* 💵 **Strike**: \$5.50
* 🎯 **Entry Price**: \$0.72
* 🛑 **Stop Loss**: \$0.36 (50% of premium)
* 🎯 **Profit Target**: \$1.44 (+100%)
* 📅 **Expiry**: 2025-08-29
* 📈 **Confidence**: 85%
* ⏰ **Timing**: Enter at market open, exit by **Thursday** to avoid Friday gamma risk
💡 **Why this setup?**
✅ Multi-timeframe momentum (RSI daily 78.6 / weekly 85.9 — both rising 🚀)
✅ Institutional accumulation (volume +1.5x 📊)
✅ Strong call flow dominance (3.5:1 Call/Put ⚡)
✅ Low premium, high reward/risk setup 🎯
⚠️ **Risks**: Macro events + binary catalysts could cause volatility → strict stop & early exit rule!
Opendoor Technologies | OPEN | Long at $0.60Opendoor Technologies $NASDAQ:OPEN. This is purely a swing trade for a company that has been posting declining earnings and revenue since 2022 and does not anticipate becoming profitable in the next 3 years. Since the stock is now under $1, it's at-risk of being delisted from the Nasdaq. I am entering this play because there is a chance the recent price hit near $0.50 may be a temporary bottom and there is enough short interest (near 18%) for a spike near its book value of $1.00. Quick ratio is 0.75 (i.e. company may have difficulty meeting its short-term obligations without selling inventory or acquiring additional financing). While the company may be forced to do a split (a major risk for this purchase), I can see other eyes viewing this as a potential "quick play" for a reversal near its book value.
At $0.60, NASDAQ:OPEN is in a personal buy zone for a swing trade.
Targets:
$0.87 (+45%)
$1.00 (+66.7%)
OPEN - Falling Wedge on the Daily ChartThe price has been fluctuating within a broad range but shows a general downward trajectory as indicated by FALLING WEDGE. There's a noticeable struggle to break above the supply zone, suggesting that any rally towards this zone might be met with selling pressure.
$OPEN Approaching Resistance at $5.30Opendoor Technologies has broken the falling trend channel in the medium long term and reacted strongly up. NASDAQ:OPEN is approaching resistance at 5.30 dollar, which may give a negative reaction. However, a break upwards through 5.30 dollar will be a positive signal.
The short term momentum of the stock is strongly positive, This indicates increasing optimism among investors and further price increase for Opendoor Technologies.
OPEN Opendoor Technologies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of OPEN Opendoor Technologies prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2023-11-10,
for a premium of approximately $0.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Open door Technology Inc: unravel the hidden gemOpendoor is one of the most prominent companies, leveraging technology to streamline the home buying and selling process.
Opendoor has several growth opportunities that it could pursue to drive future revenue and earnings growth. One such opportunity is to expand its geographic footprint by entering new markets. The company operates in over 40 markets across the United States and plans to expand into additional markets in the coming years. This could help the company increase its revenue base and market share in new regions.
Opendoor Technologies entry pursuit As requested by a follower:
Opendoor Technlogies NASDAQ:OPEN
- Currently this is a high risk trade as we are reaching
oversold on the weekly and price is close to
overhead resistance
Positives and entry levels:
- Above 200 day moving average & sloping upwards
- A pull back to 200 day would be an ideal entry
- Break above the OBV resistance line could indicate
further push through
I would not be entering this trade unless we revisited the 200 day or broke through the OBV resistance.
Opendoor is a small $2.68bln market cap company aiming to make selling your home as easy as clicking a few buttons. There are a lot of unknowns in the housing sector however a new CFO was appointed in Dec 2022 and she seems to have the company back on the front foot which is positive. #opendoor
Opendoors mission statement:
Opendoor is an e-commerce platform for residential real estate that allows people to buy, sell and move online. Our vision is to build a one-stop shop that allows people to move with the tap of a button.
opendoor ---> is going to touch $10hello guys...
as you can see the door breaks up the last resistance level and it will touch the $10!
if the price retraces to the break-up zone you can get a long position.
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