A huge selloff finally found support yesterday on Fibs' and the gap fill level, resulting in a 13% intraday reversal. First major target to cross today is $27.00 (previous pivot) $29.46 is a previous resistance levels which should act as a good target in any reversal.
Looking to play this hammer. I will close out of the position before Feb 1st, 2021.
Opened a 1/15/21 Call today on $OPEN set up is simple, looking for OPEN to stick to trading in its channel, sticking to target fib levels
OPEN did what it was meant to do, filled the gap. Onwards and upwards.
Opendoor broke trends today during a period of limited/no support (See related ideas section). I look to RDFN and Z for wider market trends. These 3 companies are in a similar tech real estate market. There is limited trading history for OPEN and IPOB, TradingView doesn't even allow charting properly. There is a correlation with patterns for RDFN and Z, but there...