@gmoneyoptions: 🚪 Opendoor Just Popped +23%! 📈🔥 Here’s what’s going on with $OPEN: 📊 Today’s Move: +23% 📈 closing at $2.96 — huge spike on massive volume and options activity. 💡 Why It Jumped: • Short-term momentum: Over 1M options contracts traded, with calls heavily outweighing puts. • Technical breakout: Price pushing past short-term moving averages, RSI ~59 (room to run). • Retail buzz: Traders speculating on a rebound despite analyst downgrades. 🚧 Headwinds to Watch: • Analysts like Keefe, Bruyette & Woods still rate it Underperform with a $1 target. • Q3 guidance points to slower home acquisitions and softer housing market recovery. 📅 Catalysts Ahead: • New agent-led platform could improve efficiency & profitability. • Fed rate cuts or lower mortgage rates could boost housing activity. • Meme-stock style retail momentum still in play. ⚠️ Risk/Reward Setup: • Resistance: ~$3.10 then $3.50. • Support: ~$2.50 then $2.20. • Above $3.50 = potential run toward $4+, rejection = possible pullback to low $2s. 💬 Breakout or fade? What’s your call on $OPEN? #OPEN #Opendoor #RealEstateStocks #StockMarketNews #MemeStocks #BreakoutStocks #SwingTrading #DayTrading #StockTok #InvestingTips #TechnicalAnalysis #HousingMarket #OptionsTrading #BuildingWealth #stockmarket #stock #stocks #trading #gmoneyoptions #invest #trader #investing #investment #learntrading #tradingtips #money #finance #financetiktok #options

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Friday 15 August 2025 00:36:58 GMT