Symmetrical Triangles can break up or down.
This one has an uptrend preceding it but S TRiangles can form in either trend or in a range. Price should touch trendlines at least 5 times, 2 touches to one trendline and 3 to the other. One trendline is support and one is R. Triangles that break on heavy volume perform better
Newer stock on the market so not a ton of chart info. Low is 10.55 so has made quite a move up already.
NV was high at the bottom or at the beginning, but has slacked off now. OBV is very high.
Not a recommendation
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Its platform enables consumers to buy and sell a home online. The company was founded in 2014 and is headquartered in San Francisco, California.
This one has an uptrend preceding it but S TRiangles can form in either trend or in a range. Price should touch trendlines at least 5 times, 2 touches to one trendline and 3 to the other. One trendline is support and one is R. Triangles that break on heavy volume perform better
Newer stock on the market so not a ton of chart info. Low is 10.55 so has made quite a move up already.
NV was high at the bottom or at the beginning, but has slacked off now. OBV is very high.
Not a recommendation
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. Its platform enables consumers to buy and sell a home online. The company was founded in 2014 and is headquartered in San Francisco, California.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.