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.