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 27
OPEN1 trade ideas
NASDAQ: OPEN Opendoor TechnologiesAdjusted the channel, now using the last 2 previous highs as the top touch points of the channel. Looking to see a drop to possibly $25 and hopefully going into next week we'll have that bounce we've been waiting on.
NASDAQ: OPEN Opendoor Technologies Inc.I'm a fan of this stock and their performance so far. This daily chart looks really good, let me explain. We have hidden bullish divergence on the MACD, our moving averages are looking like they might be about to cross (also a bullish sign), and it has been trading within this upwards channel for about 6 months now. I would usually like to use my mic to do this but I'm in the process of getting a new one. Again I like this stock, I think it looks like it has some room to run.
Economy opening up - interest rates slowly rising - Housing boomThe fundamentals and technicals are lining up for this name. This will be an industry disruptor as more consumers will switch to easier methods for buying and selling homes. We are expecting this housing season to be a boon with the rising interesting rates and home buyers scrambling to purchase homes. Price target: $42-45
OPEN in an uptrend next levels 31$ and 35$If it follows uptrend channel next targets are 31$ and then 35$ or higher.
Opendoor Technologies (NASDAQ:OPEN) successful retest?Opendoor Technologies (NASDAQ:OPEN) appears to have successfully retested the recent all-time high breakout in the form of a bull flag continuation pattern. This price action is bullish and suggests continuation of the uptrend. A protective stop-loss order could be placed right below the recent 29.07 low.
Possible bullish flag pennant forming? Interesting setup at the month view for Opendoor. Looks like a possible bullish flag pennant forming and a symmetrical triangle. Also dipped under 21 EMA and about to touch the 50 EMA. This is a very good sign. Also Stoch is bottoming out and looking to possibly go back up. Bullish setup???
Fundamentally Open just merged through SPAC and has a huge influx of cash to grow into other markets. Looks good to me. This is a Chamath Palihapitiya spac play and ARK invest has purchased a ton of it as well.
Experienced traders please your input is welcome.
$OPEN $50 mark to come- significant break-out volume after nice months of consolidation.
- higher high, higher low --> uptrend has never been broken
- nice company (I did do some research on it)
- recommend play: 40c April sounds good.
OPEN: NEW SWING LONG SET UPOPEN:
Low risk buy at channel bottom.
Let's see if we can reach the top of the channel as indicated on the chart.
Trade safe.
$OPEN OpenDoor Technology Breakout Targets
The stock finally broke out from its consolidation phase on good volume and sets
up a rally to much higher levels in the days to come.
Targets as per the chart ranging from short to medium term trades.
Symmetrical TriangleSymmetrical Triangles can break up or down.
This one has an uptrend preceding it but S TRiangles can form in either trend or in a range. Price should touch trendlines at least 5 times, 2 touches to one trendline and 3 to the other. One trendline is support and one is R. Triangles that break on heavy volume perform better
Newer stock on the market so not a ton of chart info. Low is 10.55 so has made quite a move up already.
NV was high at the bottom or at the beginning, but has slacked off now. OBV is very high.
Not a recommendation
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Its platform enables consumers to buy and sell a home online. The company was founded in 2014 and is headquartered in San Francisco, California.
OPEN 02-02-2021 LongAsset and Time frame -OPEN,4H
Entry Price -27.8778
Exit(Stop Loss) -26.25
Exit(Take Profit) -33.27
Technical Analysis -Price moved out from confirmed up-trending channel, and now it's returning after failing to reach oversold on the RSI, crossing the 50 & 100 MA with an engulfing bullish candle
I would like to hear your opinions and what can I do to improve, many thanks
OPEN - February 9, 2021No entry on OPEN but looking for sideways movements and consolidation towards this trendline. If not, sitting out on this trade.
Opendoor Is the Future Amazon of the $1.6 Trillion Real EstateOpendoor is an e-commerce platform where consumers can buy, sell and view homes online. For all intents and purposes, Opendoor is the future Amazon of the real estate market — and this $1.6 trillion market is ripe for significant and widespread digital disruption over the next 10 to 15 years. Amid this disruption, Opendoor will grow by leaps and bounds, and IPOB stock will soar like AMZN stock has soared over the past 10 to 15 years.
Credit: Luke Lango, InvestorPlace Senior Investment Analyst
Long | OPENNASDAQ:OPEN
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
$OPEN – Rising Three Method$OPEN – Rising Three Method
Mapping my plan for $OPEN. I see the candles are forming a bullish Rising Three method. Breakout of wedge, support by volume profile and EMA. Positive/neutral technicals and oscillators. Curling MACD. RSI and volume are a bit high so maybe a small pull back.
OPEN - Wave CountCount on chart.
This last ABC may be even the first 1-2. Both cases the future is clear.
I like OPEN here, looks very bulish.Macd is about to cross over and when it does my first target is $31 and my second target is $36. Good looking chart, trading in an upper trend.
