📉 OPEN – Technical Red Flags -To The Moon - Tiger Brokers Online Investing Community

BigBullSmallBear

09-12

📉 OPEN – Technical Red Flags 📉

Wild move pushing through double digits, but charts are flashing caution:

Major psychological resistance at $10 – stock spiked above but struggling to hold.

RSI deep in overbought territory → momentum overheated.

Bearish divergence forming on MACD vs price action.

Volume spiked on the breakout but is now tapering off – classic exhaustion signal.

If it slips under $9.80 support, watch for quick retest of $9.20–$9.00 zone.

This feels less like “new bullish trend” and more like a parabolic blow-off top. Late entries here risk becoming exit liquidity. 🐅

Jane Street Takes Opendoor Stake: New Rally Begins, $10 Again?

Jane Street disclosed a 6% stake in the company, while a stronger-than-expected new home sales report boosted sentiment across the housing sector. With institutional backing and macro tailwinds, could this rally be the start of a bigger comeback for Opendoor? Aim for $10 again? How do you view Jane Street's stake?

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Comments

peepzy
09-15
peepzy
Wow, insightful analysis! Really appreciate it! [Great]

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