Did OPEN just breakout from its Falling Wedge? LONG!OPEN looks to have broken from a falling wedge. Looks to be a good risk to reward in taking a long position from here.Longby TrendlTrader4
OPENlast time there was a Bearish Divergence on RSI, stock tumbled. Now bullish divergence on RSI ( very small), might indicate the end of the bear trend. MacD histogram crossed up, and signal line crossed over TSI crossed up Stage 1 consolidation right now ( 14.30 - 16) Lets see what happensby peekysnipes0
buying here balls deepFilled the gap. Ark gonna buy the dip up. Great opportunity here. Might not see 13s againLongby yash390021Updated 116
OPEN Trade SetupThere is bullish divergence at this new lower low. I usually like to see a separate histogram island but this will do because there is a separation on the RSI. The targets are on the fib nodes up to the golden retrace. Set your limit sells just below them. Not all targets can be hit or will be hit. take 50% out at the first target and 25%, 15%, 10%, Set these targets as limit orders with the same stop loss. Usually, if you can do an OCO order it works to have a stop loss and a limit sell simultaneously.by chefjosh4
OPEN STOCK CHART ANALYSISPrice action showed strong support during the dip at market open Bullish divergence is spotted when combining rsi with price action. Price action is bullishly high above the 20 and 50 sma The Barchart Technical Opinion rating is a 72% Sell with a Strengthening short term outlook on maintaining the current direction. Be careful trading against trends.by Danny911071
weak chart! shortttOPEN in downtrend channel here, lots of better plays for longs imo but if you like puts/shorting this could be the stock for you ! :D Shortby Vibranium_Capital4413
OPEN$OPEN falling wedge breakout? Resistance level (red line) and profit target near $32 on chartLongby BullishBear08223
4/26 OPEN(1) support 15.92, 17 (2) break out the downtrend finally, and we see huge volumes on Thursday. (3) keep eyes on it, because it is a good risk reward ratio (4) keep in mind there are many resistance upside, credit play can be better in this chartby Tom_the_Moon2
I GOT OVER #SPC #OPEN #CLO #SOCIAL CAPITAL #SPACSAND DISCUSS SOME OF THE PHILOSOPHY OF CHAMATH PALIPATHYIA A POTENTIAL WARREN BUFFET FOR THENEXT COUPLE GENERATIONSLong19:37by BallaJi220
$OPEN false breakdown, time to long?Opendoor Technologies Inc, one of ARKW's holding, had a false breakdown yesterday(4/12) and it seems to be wanting to retest some resistances. Pros: - RSI Bullish divergence on the 4hr chart. - Seems to have found support with 5 EMA - Price is close to the bottom of the BB, making it a good R/R trade Cons: - Volume has been decreasing, 4/12 breakout had a massive volume compared to the average. (Could be a false breakout to trigger stop-losses which are likely set on (3/31) low - The stock follows ARK's trend, if ARK's ETFs underperform, it is unlikely that $OPEN will do well. Critical levels: Supports: 19 / 20.33 (5EMA) Resistances: 21 / 22.95 (20MA) / 26.34 (50 EMA) My position: Entry 21.02 / PT 28.5 / SL 19. Return so far -6.38% Longby Mattyx227Updated 333
Opendoor Long from <20Expecting to test support again around 19.60-20 before starting reboundLongby harryjanUpdated 2
OPEN, BREAKOUT COMING SOON!Hello fellow traders and investors, here's another trade idea. OPEN has recently pulled back tand has made a double bottom and we are now waiting for the breakout of the wedge, if OPEN makes a recovery to the take profit trendline which offers around a 30 to 35% ROI. Technicals: The Macd indicates that it's oversold The EMA's are in a downtrend The RSI is oversold When To Buy: When it breaks out of the wedge. When To Sell: I recommend selling at the take profit trendline which offers around a 30 to 35% ROI. Fundamentals: Opendoor Technologies, Inc. operates as an online platform for buying, selling and trading-in residential properties. OPEN has a debt/equity of 0.30, sales growth of -80% Q/Q, EPS growth this year of -318%, EPS growth next year of 33%, an ROI of -9.5%, a short float of 3% and I must warn that OPEN is a very volatile stock. Rating: 25/100 the technicals are decent and the fundamentals aren't great but if it meets your criteria feel free to add it to your watchlist. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn110841191110
OPEN over 28.86Great looking chart with strong volume coming in the previous session, so far forming a hammer candle on the daily, looking for a move to re-test the 35.00 area. Longby SpinTrades5
OPEN 🌦They called me crazy but the actual pattern is following my bars pattern (the blue pattern). No indicators on my graph. I use fractals and pattern recognition theory to make judgments regarding the market. Longby Moneymakero112
$OPEN, Opendoor Technologies long trade$OPEN just had earnings and beat expectations but is still suffered heavily from the tech selloff. IMO the big selloff is unjustified and the stock held the lower support trendline. This is a great long entry for someone looking to make close to 80% gain to a new ATH.Longby Maxlav78114
OPENDOOR is TECH stock or ESTATE STOCK?!I believe OPENDOOR will chase after ZILLOW, even not too high HALF of it will be my TARGET POINT BUY LOW SELL HIGH, COLLECTION TARGET 1st 29 2nd 27Longby jeffpanUpdated 1