Opendoor’s stock flashes ‘bearish engulfing’ chart pattern. Is the rally over?
1. Opendoor shares surged and then plummeted, indicating potential trend reversal. 2. A 'bearish engulfing' pattern suggests a bearish trend may have emerged. 3. The stock reached a peak of $7.32 before closing at $6.04. 4. Historical bearish engulfing patterns indicate possible short-term declines. 5. No significant news caused the volatility, questioning market stability.