$Opendoor Technologies Inc(OPEN)$ $UnitedHealth(UNH)$ $Eli Lilly(LLY)$ 🔐 I’m not putting a 10ft pole between me and $OPEN; I’m leaning in where the big money’s flowing. Peter DiCarlo’s remark about avoiding it at IV 170%+ missed the broader picture, especially when he admitted “flow like this is unusual, someone’s betting big.” I saw that conviction backed by a multi-year base forming a large bullish harmonic pattern with upside potential to $9, $12, and $15, so I positioned, rode the move, and closed at $3.40 for a +13% gain at my lucky number.
Why I Closed OPEN at 13.97%
I’m not in this game to hope; I’m here to execute. Price hit $3.40 and stalled repeatedly, sitting just below my $3.53 Fibonacci target. Historical Friday data gave only a 33% chance of hitting target before the close, with equal odds of retracing toward $3.25. With volume at 331.5M but momentum flattening, the probability skew favoured banking the gain.
Friday’s for pocketing gains; and pocket money. Markets are for compounding capital, but Fridays are for compounding caffeine. I’d rather turn price action into espresso action ☕️ than leave capital marinating in weekend risk.
Catalysts Powering the Rebound
I’m tracking a catalyst stack that few are fully pricing in:
• First positive adjusted EBITDA since 2022 at $23M vs a $5M loss last year.
• Anthony Pompliano’s disclosed stake and upcoming CEO interview fuelling retail attention.
• 23.9% short float adding squeeze potential.
• CEO change to Shrisha Radhakrishna with the board reaffirming strategy.
I’m also watching how these catalysts align with long-term technical structures to create a rare overlap of fundamentals and chart geometry; the type of confluence that fuels outsized moves.
Sector Connections That Matter
I’m not just watching $OPEN in isolation. The housing tech space is waking up. $RDFN and $Z, both former high-flyers that crashed hard, are also building base structures with improved fundamentals. Algorithms cross-link these names, meaning momentum in one often feeds into the others.
My Re-Entry Roadmap
I’m planning to re-enter when price action confirms, targeting $3.91 short-term, then $9, $12, and $15 as the multi-year pattern unfolds. Key re-accumulation zones will be dictated by Fibonacci retracements and sector flow in $OPEN, $RDFN, and $Z.
The market will still be here Monday. My ☕️, on the other hand, won’t pour itself.
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Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀
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