As requested by a follower:
Opendoor Technlogies
OPEN
- Currently this is a high risk trade as we are reaching
oversold on the weekly and price is close to
overhead resistance
Positives and entry levels:
- Above 200 day moving average & sloping upwards
- A pull back to 200 day would be an ideal entry
- Break above the OBV resistance line could indicate
further push through
I would not be entering this trade unless we revisited the 200 day or broke through the OBV resistance.
Opendoor is a small $2.68bln market cap company aiming to make selling your home as easy as clicking a few buttons. There are a lot of unknowns in the housing sector however a new CFO was appointed in Dec 2022 and she seems to have the company back on the front foot which is positive. #opendoor
Opendoors mission statement:
Opendoor is an e-commerce platform for residential real estate that allows people to buy, sell and move online. Our vision is to build a one-stop shop that allows people to move with the tap of a button.
Opendoor Technlogies
OPEN - Currently this is a high risk trade as we are reaching
oversold on the weekly and price is close to
overhead resistance
Positives and entry levels:
- Above 200 day moving average & sloping upwards
- A pull back to 200 day would be an ideal entry
- Break above the OBV resistance line could indicate
further push through
I would not be entering this trade unless we revisited the 200 day or broke through the OBV resistance.
Opendoor is a small $2.68bln market cap company aiming to make selling your home as easy as clicking a few buttons. There are a lot of unknowns in the housing sector however a new CFO was appointed in Dec 2022 and she seems to have the company back on the front foot which is positive. #opendoor
Opendoors mission statement:
Opendoor is an e-commerce platform for residential real estate that allows people to buy, sell and move online. Our vision is to build a one-stop shop that allows people to move with the tap of a button.
Not
200 Day SMA revisit looking likely and would be ideal for entry
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.