Entry and exit tomorrow

**For Opendoor (OPEN), the decision to enter or exit tomorrow should be based on a comprehensive analysis of the following factors:** 1. **Current Price and Recent Performance**: Opendoor's stock has experienced a significant surge, with a recent increase of 189% this week. The stock is currently trading at a 52-week high, indicating a strong upward momentum. 2. **Market Sentiment and Investor Influence**: The stock's performance has been heavily influenced by the actions of investor Eric Jackson, who has expressed a bullish stance on the company's future. His predictions and investments have fueled the recent rally, and his continued influence could impact the stock's price. 3. **Earnings Report and Financial Health**: Opendoor's earnings report for August 5, 2025, is already out, but investors should consider the company's financial performance and prospects for future growth. The company remains a cash-burning, low-margin business with limited near-term growth prospects, which could impact the stock's long-term trajectory. 4. **Technical Indicators and Analyst Ratings**: The stock appears overvalued according to technical indicators, and analysts have set a price target of $1.35, which is significantly lower than the current price. This suggests that the stock may be due for a correction. 5. **Short Squeeze Potential**: With a high level of short interest in Opendoor, a further increase in price could trigger a short squeeze, which could lead to a significant upward movement in the stock price. **Entry Strategy:** 1. **Consider entering the stock if:** You believe that the positive momentum will continue, and you have a high risk tolerance. Look for a pullback towards the $2.00 mark as a potential entry point. 2. **Set a stop-loss:** Due to the high volatility, set a tight stop-loss order to limit potential losses. **Exit Strategy:** 1. **Consider exiting the stock if:** The stock fails to break through the $2.50 mark or if there is a significant shift in market sentiment. 2. **Take profit:** If you are comfortable with the risk, consider taking profit at the $2.50 mark. 3. **Set a target:** If you are unsure, set a target at the $2.50 mark and consider exiting if reached. In conclusion, Opendoor's stock presents both opportunities and risks. Investors should carefully weigh the potential for gains against the risks of volatility and market sentiment shifts. It's important to have a clear entry and exit strategy based on your risk tolerance and investment goals.