$OPEN - RC -
Added 2024-05-06 11:14:31 +0000 UTCOpted to move sideways instead of starting its Impulse Wave and has been consolidating within this large wedge since the start of 2023.
It looked like it was at risk of losing the bottom trend line but their double beat earnings has likely saved them.
The prospects of rate cuts coming sooner will likely help $OPEN too.
Bulls needs to recapture the 50 and 200 Day MA and the blue line at $3, to show signs of a reversal and i believe this can test the upper limit of the wedge again at $4 next.
