-Great potential, great returns!
opendoor tech seems ready for a new run! price is about to break the bullish flag, expecting upside movement
looking for approx. 10% profit, tight stop loss
DOTUSD Pin Bar Trade Idea 2021-February-28 High 34.6413 Close 33.8421 Open 33.4733 EMA 10 33.1396 EMA 20 30.7891 Low 29.7500
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...
$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.
Personally I will wait for a close above the entry line
- 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: 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.
Daily Breakout looks like it wants to run into earnings
NASDAQ:OPEN Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
- OPEN is looking extremely bullish is in a huge channel between both trendlines (black trendline). - It also looks like it broke out of flag and currently going to retest the trendline and making some sort of a falling wedge! - It also looks like its a 5 wave structure to the upside, ending in that prefect trendline (black trendline) - Overall Bullish with...