$Opendoor Technologies Inc(OPE

Technicals

• The stock is trading around US$9.07 most recently.

• Technical indicators show the stock is quite extended already: it’s well above many of its moving averages (20, 50, 100-day) which often implies momentum is strong but also that risk of pullback increases.

• The Relative Strength Index (RSI) is in overbought territory (around 80+) in some sources, which typically warns of a possible near-term correction.

• On the flip side, there are resistance levels forming not far ahead: resistance/psychological zones around $10-$11.50 depending on chart and pivot point sources.

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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