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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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.