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OPENDOOR TECHNOLOGIES INCOPENDOOR TECHNOLOGIES INCOPENDOOR TECHNOLOGIES INC

OPENDOOR TECHNOLOGIES INC

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$OPEN ready to go bananasNASDAQ:OPEN Looks killer across time frames. Bottomed out and sitting in the weekly buy zone w/ the 10/20 hma curling. Daily 10/20 a nubbin' away from flipping. TSI positive as well. Bullish daily divergence on 1/28. Algo can't stop spitting purple buy diamonds. Macro: Worst housing market since the 90s. Trump has aways been a real estate guy, there's no way he won't pump the housing market at some point. He'll be relentless in pushing the Fed to lower rates. All wins for OPEN. www.tradingview.com
NASDAQ:OPENLong
by Capn_Vibe
1
Open Door Potential POPOpendoor is publicly traded on the NASDAQ under the symbol OPEN. Its stock performance often reflects factors such as housing market trends, interest rates, and competition within the proptech and real estate industries. The company has experienced volatility, particularly due to the cyclical nature of the real estate market and external economic factors like inflation and mortgage rate changes. Investors view Opendoor as a disruptive player in the real estate space with significant growth potential, albeit with risks tied to market conditions. Currently, price has broken out of a year long consolidation falling wedge pattern, which can signal a bullish breakout if we manage to hold price above $2. Additionally, Open Door could potentially rally in the near future due to several factors, including: 1. Recovery in the Housing Market If the real estate market stabilizes or improves, Opendoor could benefit from increased transaction volumes and home price appreciation. Lower mortgage rates or government policies that boost housing demand might also drive a rebound. Here are additional reasons why Opendoor (OPEN) stock could potentially rally: 2. Improved Financial Performance If Opendoor demonstrates better-than-expected earnings, reduced losses, or achieves profitability sooner than anticipated, investor confidence could drive the stock higher. Cost-cutting measures or increased operational efficiency may also contribute. 3. Expansion of Market Share Opendoor's ability to capture a larger share of the real estate market by expanding into new cities or increasing its customer base can be a catalyst for growth. Enhanced marketing or improved user experience might help attract more buyers and sellers. 4. Partnerships and Innovation Strategic partnerships, such as integrations with other proptech companies, lenders, or real estate agencies, could bolster its platform's value. Innovations in its technology or services, such as enhanced AI for pricing accuracy, may also attract more users. 5. Positive Economic Data Macroeconomic factors like declining interest rates, increased consumer confidence, or higher housing demand could positively impact Opendoor’s business and outlook. 6. Regulatory Changes Favoring Proptech If regulatory changes make real estate transactions easier or more digital-friendly, Opendoor could benefit from accelerated adoption of its platform. 7. Short Squeeze Potential Opendoor has occasionally been a target of high short interest. A strong earnings report or other positive news could trigger a short squeeze, pushing the stock price up sharply. 8. Acquisition Speculation The company’s unique position in the iBuyer space could make it an attractive acquisition target for larger tech companies or real estate players looking to expand their digital footprint. 9. Investor Sentiment and Momentum Positive analyst upgrades, increased institutional buying, or heightened retail investor interest (e.g., via social media platforms) could contribute to a rally. I will be taking a long trade entry here on this stock with a stop below the gap zone under $2. Only time will tell how this one trends.
NASDAQ:OPENLong
by afurs1
4
OPEN - Possible Cup & Handle Pattern Forming?OPEN ( NASDAQ: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.
NASDAQ:OPENLong
by hitchcoxg
OPEN - OPENDOOR - come back of real estate namesAs we gear towards the rate cuts, I think some of the worst impacted companies from high interest environment finally do a turn around and comeback. Barring a recession, a soft landing and signalling data, could make OPENDOOR an interesting play. Price is moving down inside a very clear channel. We took out previous low, sweeping the liquidity and sell side stops. A good NFP and CPI data, can push easily OPEN to 2. And if Fed signals end of the month rate cuts, easily 3-4 in a couple of months before election worries settle in. Ideal entry in FVG shaded area, 1st entry, add to the position when channel is broken to the upside. 2 Buyside are targets, 1st to take partial profit, 2nd to close position. Do not forget trailing stop.
NASDAQ:OPENLong
by S5_Trading_Desk
OPENDOOR bounceThe stock seems to be in a channel that is ascending. The STC Indicator shows that the market is in oversold conditions. A buy signal was detected using harmonics. The momentum appears to still be on the short side, but a bounce may occur to bring the stock back up into the channel. The stock is currently at the fib 50% ratio and may bounce from this support level. If bad news breaks out, OPEN can fall with the rest of the market and breakout from the channel to reach lower lows.
NASDAQ:OPENLong
by targetrocketship
OPENDOOR - CHANCE FOR A BOUNCE The STC Indicator shows signs of this stock being oversold. The graph shows a channel that the stock may have fallen into. The overall trend currently is still on the downside but a harmonic pattern printed as a buy signal. The Fibonacci retracement tool indicates this stock has retraced to the 50th percentile and bounces can occur at such levels. If bad news happens and stocks plummet, generally, we can expect OPENDOOR to follow market trends as well.
NASDAQ:OPENLong
by targetrocketship
RiskMastery's Breakout Stocks - OPEN EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:OPEN ... I believe this code is at a point of potential volatility. If price can hold above $3.56 ... Bullish potential may be unlocked. My key upside targets include: - $4.21 (Conservative) - $5.05 (Medium) - $6.52 (Aggressive) If however price falls below $2.87 ... Bearish risk potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
NASDAQ:OPENLong
by Bullfinder-official
Open door Technology Inc: unravel the hidden gemOpendoor is one of the most prominent companies, leveraging technology to streamline the home buying and selling process. Opendoor has several growth opportunities that it could pursue to drive future revenue and earnings growth. One such opportunity is to expand its geographic footprint by entering new markets. The company operates in over 40 markets across the United States and plans to expand into additional markets in the coming years. This could help the company increase its revenue base and market share in new regions.
NASDAQ:OPENLong
by DEXWireNews
Potential for Opendoor Technologies Inc. climb to new highsWall Street analysts and options activity have been closely monitoring Opendoor Technologies Inc. (OPEN), the real estate technology company. Here's a summary of recent reports and insights into the company's stock performance and investor sentiment: 1. InvestorsObserver - Wall Street's Perspective: InvestorsObserver provides a comprehensive analysis of Wall Street's outlook on Opendoor Technologies Inc. (OPEN). The report offers insights into analyst ratings, target prices, and consensus estimates for OPEN. It highlights the company's performance relative to its sector and industry peers, giving investors valuable information to consider. 2. Benzinga - Unusual Options Activity: Benzinga discusses unusual options activity observed for Opendoor Technologies Inc. (OPEN) on August 31. Unusual options activity can provide insights into potential market movements and investor sentiment. The report delves into the significance of options trades and how they might impact OPEN's stock price. 3. Yahoo Finance - Opendoor's Presentation at Goldman Sachs Communacopia: Opendoor Technologies Inc. (OPEN) was scheduled to present at the Goldman Sachs Communacopia conference. The report highlights this event and its potential implications for the company's business strategies and investor relations. Presentations at prestigious conferences can provide insights into a company's future plans and growth prospects. These articles provide valuable insights into how Opendoor Technologies Inc. (OPEN) is perceived by Wall Street, including analyst opinions, options trading activity, and recent presentations. Investors interested in OPEN may find these reports useful for making informed decisions about their investments.
NASDAQ:OPENLong
by MoVestmentz
1
Opendoor Technologies entry pursuit As requested by a follower: Opendoor Technlogies NASDAQ: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.
NASDAQ:OPEN
by PukaCharts
2
OPEN OpenDoor a Penny Real Estate LONGOPEN has earnings upcoming on 8/3. An analysis of the 4H chart with overlays shows bullish momentum in the set of zero lag EMA lines as well as upgoing anchored VWAP landlines. Price crossed over the mean VWAP ( thin black) and the POC line of the volume profile one month ago. The MACD shows bullish momentum since July 24th. The dual RSI indicator shows the low time frame green line rising and then crossing the steady higher black time frame line the past trading day and both being at the 60 level. OPEN is a long trade setup with earnings around the corner. I will take it.
NASDAQ:OPENLong
by AwesomeAvani