REDFIN Bottomed out | Full Send Into Earnings $RDFN

RDFN shines as mainstream housing outlet; Redfin has outperformed the SPY. Trust the TA
~


The stock currently sits above what has proven to be strong support @ $43.9

Watching the orange trend line as support as well, it holds strong on the weekly timeframe. Looking to bounce off this.

Possible long on hold above @ $43.9
Upside targets: $48, $50, $52.69
Possible Short Entry: $42.3


Caution needed in this stock as we have a possible Double Top pattern forming. Follow levels accordingly

DotcomJack | MJ of Stonks
Chart PatternseasylooteasyloottradingFundamental AnalysishousingRDFNrealestaterealestatesectorredfinTrend Analysis

Also on:

Related publications

Disclaimer