Opendoor Stock Soared More Than 40% Monday—Watch These Price Levels
Key Takeaways
- Opendoor shares surged Monday as retail traders bid up Wall Street’s newest meme stock sensation.
- The price gapped higher on Monday before running into overhead resistance around the closely watched 200-week moving average.
- Investors should watch overhead areas on Opendoor’s chart around $5 and $11, while also monitoring key support levels near $1.80 and 92 cents.
Opendoor Technologies (OPEN) shares surged Monday as retail traders bid up Wall Street’s newest meme stock sensation.
Shares in the online residential real estate platform soared as much as 120% before giving back some of those gains as traders booked profits into the close. The stock nearly tripled in value last week after EMJ Capital founder Eric…
