OPEN is a meme stock. If we go in a recession, then OPEN will be one of the first stocks that tank hard. Big Money will go cash or buy MAG6/ETF/INDEX/GOLD.
My hopium is that rates get cut again by the fed, and the Dxy index goes down which hopefully is the little catalyst we need for gold to bounce back. I have been hurt massively by the recent drop but I am am still mega bullish on gold long term
Sometimes i surprise even myself- i predicted this one pretty well. I even said we would get a tuesday morning gamma pump, as seen, but it will fizzle out. Hope you sold, but as always, up to you.
This will not recover, and will keep dumping with some occasional upswings for the next few weeks
Like i said, 1.90 - 2.20 decent exit points. Its been around this, with more downswing than upswing
If we go into recession, $OPEN is a defensive stock. PROVE ME WRONG.
People will be forced to sell homes, and sell them QUICK. No need for realtor BS, online transaction and it's DONE.
All these job cuts lately, Powell said previously he was worried more about labor market. 50 basis cut coming.