Interesting setup at the month view for Opendoor. Looks like a possible bullish flag pennant forming and a symmetrical triangle. Also dipped under 21 EMA and about to touch the 50 EMA. This is a very good sign. Also Stoch is bottoming out and looking to possibly go back up. Bullish setup???
Fundamentally Open just merged through SPAC and has a huge influx of cash to grow into other markets. Looks good to me. This is a Chamath Palihapitiya spac play and ARK invest has purchased a ton of it as well.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.