Home Run?
Redfin is building strong bullish momentum, with a gap forming around the $8.00 level. A breakout above the $11.16 resistance would signal further upward movement, positioning the stock to target the $17.68 weekly resistance. This trade offers an attractive risk-to-reward ratio, with a stop-loss set at $7.65 to manage downside risk.
As a leader in the digital real estate market, Redfin is well-positioned to benefit from a potential lowering of interest rates, which could drive increased activity in the housing market. With its innovative technology platform, competitive pricing model, and growing market share, Redfin remains a strong contender in the real estate industry.
This combination of technical momentum and favorable macroeconomic conditions supports a bullish push toward $17.68, making RDFN an appealing opportunity for traders and investors.
RDFN
As a leader in the digital real estate market, Redfin is well-positioned to benefit from a potential lowering of interest rates, which could drive increased activity in the housing market. With its innovative technology platform, competitive pricing model, and growing market share, Redfin remains a strong contender in the real estate industry.
This combination of technical momentum and favorable macroeconomic conditions supports a bullish push toward $17.68, making RDFN an appealing opportunity for traders and investors.
RDFN 
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.