The stock seems to be in a channel that is ascending. The STC Indicator shows that the market is in oversold conditions. A buy signal was detected using harmonics. The momentum appears to still be on the short side, but a bounce may occur to bring the stock back up into the channel. The stock is currently at the fib 50% ratio and may bounce from this support...
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...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NASDAQ:OPEN ...
I believe this code is at a point of potential volatility.
If price can hold above $3.56 ... Bullish potential may be unlocked.
My key upside targets include:
- $4.21 (Conservative)
- $5.05 (Medium)
- $6.52 (Aggressive)
...
A lot of bullish order flow coming in. Entering long on market open on Tuesday.
Please trade at your own risk. This is MY personal trade. I am posting this for educational purposes only.
Opendoor 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...
Hi folks! Here is my idea for how I see the chart and what I am going to do about it. See annotations on my chart.
Thank you for viewing, happy trading!
OnePath
Analyzing 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...
Opendoor 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...
Wall Street analysts and options activity have been closely monitoring Opendoor Technologies Inc. (OPEN), the real estate technology company. Here's a summary of recent reports and insights into the company's stock performance and investor sentiment:
1. InvestorsObserver - Wall Street's Perspective:
InvestorsObserver provides a comprehensive analysis of Wall...
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...
OPEN has earnings upcoming on 8/3. An analysis of the 4H chart with overlays shows
bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP
landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the
volume profile one month ago. The MACD shows bullish momentum since July 24th.
The dual RSI indicator shows the...
Psychological barrier at $4. A break into this channel likely means a revisit of the 200 ema and/or the bottom of the lower channel.
Read for good analysis of this name. It's a meme stock riding the AI wave and should be traded that way. I do think the iBuyer model has legs but OPEN has burdensome debt and its path to growth without more borrowing isn't obvious...
The United States may be experiencing a faster-than-expected economic recovery as inflation numbers have cooled faster than the Fed’s expectations. This could explain why Opendoor Technologies Inc. (NASDAQ: OPEN) spiked nearly 10% since the announcement. The reason the stock could maintain its momentum is the decline in US treasury bond yields which are strongly...
Trend:
Looks like the rollercoaster ride has reached a peak and the descent downward should be fast and steep.
Indicators:
The SSL Hybrid baseline has finally turned red on the four hour chart. This signals either the beginning of more downward action, or a heavy sideway consolidation.
The Zigzag Harmonics did not print a buy signal which supports the theory...
hello 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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