RDFN formed a bull flag after breaking out of a calling wedge. Watch for a breakout of the flag for upside continuation. Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
This is an actionable trade today. $RDFN is now testing the channel breakdown with the negative divergence intact. I suspect we will head down to the support line outlined in the chart in the next 2-3 months if not sooner.
big bounce today, but i still think it's a good time to get in RDFN. The sequential and trend lines look in sync for at least a good rally, i think it's a long term hold.
Sad to see. Coupled with news about rising mortgage rates this isn't looking good. Same pattern on the daily. Not financial advice.
Redfin beats Q4 earnings estimates with $244M in revenue and record traffic. They are the fastest-growing major real estate website and have been able to increase their customer base. Looking to swing this after dropping more than 15% after earnings. Resistance is at around $80 and $95 area.
Redfin is a technology-driven real estate brokerage service that engages in buying and selling homes through their app. Their customer base has risen 23% From 2019 Q3 to 2020 Q3. They have increased their customer base during Covid-19! Redfin holds 1.04% of the entire US Housing Market currently. A bearish piece of news about Redfin is they had to undergo...
Redfin is in a consolidation pattern right now we came close to the top today there is 10% to run on the downside in the pattern.
I like the redfin buy in at the support of this consolidation low risk possibility of high reward on a breakout. I'm out at $69.50
Hey tradingview community, REDFIN CORPORATION is in an uptrend with a return of purchase volume made and a large hammer candle shape. In TIMEFRAME M1, a long-legged doji with past buy volume feedback, she came to the top of the bollinger to test it. Which is the top of the stabilization zone and test it great potential to breakout the price with the return of...
On watch for break of $82 resistance. Breakout target on chart.
If Redfin breaks below the 21 EMA, around 75.50 The next target is down to S1 @68.50
Double top, possible downside potential, can play the 77.06 - 72.27 range . Can look for a short term play or grab something with time if we break through our 70.47 support (yellow) .
NASDAQ:RDFN I'm not expecting real estate to slow down anytime soon. I'm not expecting a major dip