$OPEN seems like it's going to POP soon.
Not only is it creating a VERY tight wedge, but the momentum indicators are about to flip to blue.
(And the last time it turned blue, $OPEN jumped from $0.50 to $10.50.)
This could be an explosive move.
Don't miss out!
$OPEN Opendoor - Consolidating
Price Targets: $9.42, $13.48
OPEN is in a consolidation pattern and forming a descending wedge which often breakout to the upside.
The next target is $9.42 at the 618 fib level and $13.48 at the Golden Ratio.
$OPEN Opendoor - Higher Lows
Price is hitting in a symmetrical wedge pattern and is currently showing higher lows. $7 to $8 showing resistance/support.
Above $8 would get momentum moving to the next target at $9.42.
Golden Ratio Target = $13.48
When I go to bed tonight this will be my wet dream.
$HOOD x $OPEN the most innovative partnership in decades.
TOKENIZATION x HOUSING = SPEED x LEVERAGE
I say 6 months from now. Mark my words.
SUPER IMPORTANT UPDATE FOR $OPEN
This week, Opendoor once again broke out of the bull flag/channel, to the upside.
Obviously, we want to see continuation of this momentum over $9, $10 and $11 to new highs.
But it’s SUPER important that we hold above the $6 level. If we fail to hit new highs after breaking the bull flag/channel TWICE, and break the longstanding uptrend (to the downside), and break and close below that $6 support again it would NOT look good.
As I said, ideally $OPEN hits new highs over $11 in the next week or two, that’s what I’m watching for!! 🔥🔥
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$OPEN Opendoor - Breakout
Price Targets: $9.42, $13.48
OPEN is now above the trendline in the bullish pennant. Potential inverse head and shoulders in the short-term is forming, above $8.50 would confirm. Current momentum is favorable.
Next targets remain at $9.42 at the 618 fib level and $13.48 at the Golden Ratio.
It is absolutely critical for companies to effectively adopt Ai today. @Opendoor is quickly becoming Ai-first and fluent. Progress with Ai compounds. Building will be faster and faster. @nejatian is leading a company that’ll absolutely DOMINATE the real estate industry.
$OPEN
$OPEN Opendoor - Testing VWAP Support
Price Targets: $9.42, $13.48
OPEN has shown some relative weakness since the warrant record date is over.
Price is currently in the descending wedge again, but on the edge of the trendline.
Current support is right near $6.80. If OPEN moves lower, potential to consolidate in the descending wedge.
Risk-reward looks favorable for accumulation.
Price Targets: $9.42 at the 618 fib level and $13.48 at the Golden Ratio.
Day 93
He said the stock was a meme
He said I was wrong
He demanded a full withdrawal — right before it went 8×
If he’d stayed, he’d be up millions
Here’s why conviction beats fear