with earnings coming up in a couple weeks and low volume consideration, it looks ready to run back into the $30 range. Will take an entry here as long as the 8ema holds. Trade is invalidated with a daily close below $22.30.
I may consider taking a position in OPEN if it is able to open and close above the resistance line shown. I think that if this is done, there shouldn't be any reason the stock cant run anther $3 to the next fib resistance level.
All, I think OPEN has a ton of promise especially in todays market. Just waiting here if it can break out above 22 I think it can hit near 28. Otherwise it would be a short if it breaks back under. Not really a buy here just a close eye.
Adam and Eve is a kind of double bottom. The entry is triggered as it breaks above the neckline of the pattern.
The expected A&E price target will be the equi-distance from the low of the A&E pattern to the neckline, projected up from the neckline ("D" on the chart), which brings it to about 23.50.
Initial stop loss will be placed just below 17 and I will...
This one doesn't take a genius to figure out. Unless you have insider information telling us that this company is about to close it's doors, then this is what I would call a safe bet.
I was going to find a solar stock so I had a good excuse to continue my monologue on sustainability, but I will just do it here. It helps me put my thoughts together knowing I...
The stock is currently undervalued based on yesterday's movements and the RSI.
It has great support and a high probability of increasing in price.
Volume fell together with the price and this reduces the overall risk as volume should follow the price movements.
Opendoor Technologies, Inc. operates as an online platform for buying, selling and trading-in residential properties. The company was founded Eric Wu on December 30, 2013 and is headquartered in Tempe, AZ.