OPEN (Opendoor Technologies Inc.) will trigger a sell signal/objective short entry on a solid break and/or daily close below this bearish rising wedge pattern. I’ve listed three current price targets* on the daily chart below, with stops dependent on the entry price, if & when a sell signal is triggered, along with one’s preferred price target(s). Daily chart below.
*Price targets on short trades are the actual support level where a reaction is likely upon the initial tag. As such, it is best to set the buy-to-cover limit order(s) slightly above the actual support level(s) one is targeting.
