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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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.