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OPEN - Possible Cup & Handle Pattern Forming?
Opendoor Technologies Inc
Long
OPEN - Possible Cup & Handle Pattern Forming?
By hitchcoxg
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Updated
Dec 7, 2024
8
Aug 30, 2024
OPEN (
OPEN
Opendoor) Looks to Print a Possible Cup & Handle Pattern which is Bullish.
Should this pattern execute, I have plotted the potential Price Value Area Targets and shown the Upside.
Remains a Risky Trade or Investment, however the Macro Factors of a Lower Prime Rate % should support this Strategy.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Sep 16, 2024
Note
Bigger Cup in Time. Holding.
Sep 20, 2024
Note
Buying DCA Dips slowly in the Handle side.
Choppy Markets after the Fed 0.5% Rate cut.
Needs Conviction i.e. Time.
Sep 26, 2024
Note
Hold Undecided.
Oct 10, 2024
Note
Sep 19
Opendoor Technologies Insider Sold Shares Worth $1,497,323, According to a Recent SEC Filing. Shares Reverse Trend.
Pattern Invalidated.
Nov 25, 2024
Trade active
Recent +40% Pop, could get some Analyst's upgrades?
Lets see.
Dec 7, 2024
Trade closed: target reached
It's Early however Recent Price action could complete this Idea.
Dec 16, 2024
Note
Opendoor Technologies Price Target Maintained With a $2.50 a Share by JMP. = +30% Upside.
Chart Patterns
Technical Indicators
Trend Analysis
hitchcoxg
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