Still Riding the Channel

549
Opendoor is still inside the channel from months past. Riding the descending channel until something material happens.

Today is earnings day and the consensus is Opendoor will have far lower revenue than the previous quarter, Q3. This is expected anyway as people typically dont move during winter months. That being said, guidance is the real kicker here.

accountable.opendoor.com shows that tons of transactions have taken place since december, and the inventory is being flipped at a much better pace than in the past.

One thing to note, is Opendoor has never posted a profitable year... so use that how you will.

Good Luck Traders

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。