Classic falling wedge breakout on a greater cup and handle
Updated
We've been watching this one very closely. We deem it way undervalued from a fundamental perspective given the revenue numbers as compared to Zillow. This is a sleeper in our opinion and anticipate stealing a lot of market share and investor interest from Zillow. An industry disruptor for a suppressed housing market that will boom once the pandemic subsides. Next target - $37 at the 100%-based fib extension. LONG.
Note
Wow, what a fakeout. We are still long on this name from a fundamental perspective.Trade active
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