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OPEN - Possible Cup & Handle Pattern Forming?
Opendoor Technologies Inc
Long
OPEN - Possible Cup & Handle Pattern Forming?
By hitchcoxg
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Updated
Dec 7
8
Aug 30
OPEN (
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.
Sep 16
Note
Bigger Cup in Time. Holding.
Sep 20
Note
Buying DCA Dips slowly in the Handle side.
Choppy Markets after the Fed 0.5% Rate cut.
Needs Conviction i.e. Time.
Sep 26
Note
Hold Undecided.
Oct 10
Note
Sep 19
Opendoor Technologies Insider Sold Shares Worth $1,497,323, According to a Recent SEC Filing. Shares Reverse Trend.
Pattern Invalidated.
Nov 25
Trade active
Recent +40% Pop, could get some Analyst's upgrades?
Lets see.
Dec 7
Trade closed: target reached
It's Early however Recent Price action could complete this Idea.
5 days ago
Note
Opendoor Technologies Price Target Maintained With a $2.50 a Share by JMP. = +30% Upside.
Chart Patterns
Technical Indicators
Trend Analysis
hitchcoxg
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