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
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
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.