Triple Top on 1-hour for $OPEN

١٢ أبريل ٢٠٢٣

A few false punctures at $1.85 followed by retreats. Unlikely to dip significantly before earnings but a scalp opportunity to the EMA and beyond if it breaks that wedge.

No positions. Exited at $1.85 today.

١٩ أبريل ٢٠٢٣

ملاحظة

Sold off on layoff news. Suggests weak earnings are coming. Likely to revisit the 1-$1.25 lows unless there's a notable change in mortgage rates and/or yield curves.

This name trades like a meme stock.