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RDFN trade ideas

Redfin | RDFN | Long at $8.64Redfin $NASDAQ:RDFN. Yes, housing is starting to finally slide as mortgage rates remain high, housing inventory increases, and pending sales drop. I can see an argument to wait to enter NASDAQ:RDFN and I can't truly argue against it for 2025 (a dip is possible into the $4's if things really take a bad turn). But what I like about Redfin is they do not invest in homes where there is substantial risk during a housing pause or downturn. They purely make money through real estate services (brokerage and marketing), subscription services for listings, mortgage services (fees and interest), and other services. When mortgage rates drop, the housing market will shift rapidly - which is honestly going to be a big problem in the long-term as the desperate buyer grabs a 4-5% mortgage (vs the current 6.5%-7%) for the "deal" on a home they can't truly afford... During this eventual shift, Redfin and Zillow NASDAQ:Z will do well. It's just a matter of "when" will it occur. At $8.64, NASDAQ:RDFN is in a personal buy zone. If the price dips further after earnings, I will be accumulating more shares (unless the company is crumbling). Targets into 2027: $11.00 $15.00 $20.00 $25.00
NASDAQ:RDFNLong
by WorthlessViews
Redfin Real Estate - HUGE ROIRedfin is a technology-powered real estate brokerage that provides online home listings, real estate data, and agent services. It operates as a full-service real estate company, offering tools for buying, selling, and renting homes. Redfin differentiates itself by using salaried agents rather than traditional commission-based agents and provides lower listing fees compared to conventional brokers. It also offers services like virtual home tours, AI-powered home value estimates, and a mobile app for property searches. Investing in Redfin (RDFN) could be a good opportunity for several reasons, depending on your risk tolerance and investment goals. Here are some key factors that might make it an attractive stock: 1. Technology-Driven Disruption Redfin leverages technology to streamline the real estate buying and selling process. Its AI-powered tools, virtual tours, and data-driven pricing models differentiate it from traditional brokerages, potentially giving it a long-term edge in the market. 2. Cost Advantage & Competitive Pricing Redfin charges lower listing fees (typically 1%–1.5% vs. the traditional 2.5%–3%), making it an attractive option for home sellers. This cost advantage could help the company gain more market share over time. 3. Growth Potential in Market Share Despite being a well-known brand, Redfin still holds a relatively small share of the U.S. real estate market. As more homebuyers and sellers turn to online platforms, Redfin has room to expand its presence and increase revenues. 4. Diversification of Revenue Streams Beyond brokerage services, Redfin generates revenue from: Redfin Mortgage (home financing) RedfinNow (iBuying—flipping homes for profit) Title & Escrow Services Advertising & Partnerships This diversification could help the company grow even during market downturns. 5. Potential for Real Estate Market Rebound If interest rates stabilize or decline, housing market activity could pick up, benefiting Redfin’s transaction-based revenue model. A recovery in home sales would likely boost earnings and stock performance. 6. Undervalued Stock with Turnaround Potential Redfin's stock has experienced volatility, especially with challenges in the housing market and past losses. However, if the company successfully improves profitability and capitalizes on market trends, the stock could offer strong upside potential for long-term investors. Risks to Consider! Cyclical Business: Redfin is highly dependent on the real estate market, which fluctuates with interest rates and economic conditions. Profitability Issues: The company has struggled with consistent profitability, so investors should monitor its financials closely. Competition: Redfin faces competition from traditional brokers (e.g., Keller Williams, Coldwell Banker) and tech-driven rivals like Zillow and Opendoor. At the moment, I believe we may be seeing an accumulation pattern with the confirmation as a break of this triangle consolidation. Losing the triangle would result in a stop loss.
NASDAQ:RDFNLong
by afurs1
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. NASDAQ:RDFN
NASDAQ:RDFNLong
by The_Trading_Mechanic
RDFN bounce from $10.90 to $13.25MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom of channel (period 52 39 & 26) Stochastic Momentum Index (SMI) at oversold level TTM Squeeze is off TTM Squeeze momentum is down VBSM is turning negative Impulse MACD is down Price at near Fibonacci level 50% retrace In at $10.90 Target is $13.25 or channel top
NASDAQ:RDFNLong
by chancethepug
1
RDFN fintech small cap reverses higher LONGRDFN on the 15 minute chart has move up from a low pivot which included a mass index indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to rates and federal actions. I am convinced that when the time is ripe the Biden administration will pressure the " independent" fed into a rate cut which should give RDFN the momentum it needs to push toward those targets or even higher.
NASDAQ:RDFNLong
by AwesomeAvani
2
Redfin Shares Rise Amid Housing Market GrowthRedfin ( NASDAQ:RDFN ) shares are on the rise thanks to a decrease in mortgage rates and the White House’s proposed mortgage relief tax credit. The technology-driven real estate company has experienced a significant uptick in new home listings, resulting in a 13% increase nationwide and a 1.7% boost in total homes for sale. The U.S. housing market has grown by $2.4 trillion in the past year, reaching a total value of $47.5 trillion. Redfin ( NASDAQ:RDFN ) stands out by providing a wide array of home-buying and renting options, disrupting the traditional home-buying process with lower sales commissions. However, the housing sector has faced challenges from rising mortgage rates and high home prices, impacting companies like Redfin ( NASDAQ:RDFN ). Despite recent stock price increases, revenue declines and increased losses have been observed as transactions slow down. Analysts have a mixed outlook on Redfin shares ( NASDAQ:RDFN ), with a moderate sell consensus rating. Nonetheless, some see potential for growth amid the soaring real estate prices and concerns about affordability. In conclusion, Redfin’s ( NASDAQ:RDFN ) performance is shaped by market dynamics including mortgage rates, housing market value gains, and industry trends affecting real estate stocks like Redfin. Redfin Corporation ( NASDAQ:RDFN ) Stock Surges 9.10% Redfin Corporation ( NASDAQ:RDFN ) saw a significant increase in its stock performance. The company’s shares closed at $7.07, which was a $0.59 increase from the previous market close, representing a 9.10% rise in the stock price for the day. NASDAQ:RDFN is currently trading near the bottom of its 52-week range and below its 200-day simple moving average. Despite this, the stock showed strong momentum on March 8th, with investors showing confidence in the company’s potential for growth. In after-hours trading, NASDAQ:RDFN continued to see gains, with the stock rising an additional $0.11, further solidifying the positive trend seen throughout the day. Overall, NASDAQ:RDFN ’s stock performance was impressive, with the company experiencing a notable increase in its share price. Redfin Corporation (RDFN) Stock Performance Redfin Corporation ( NASDAQ:RDFN ) saw its stock performance impacted by its financial results for the past year and the fourth quarter. According to data from CNN Money, the total revenue for NASDAQ:RDFN stood at $976.67 million for the past year, with a significant decrease of 57.25% compared to the previous year. However, the total revenue remained flat at $218.08 million for the fourth quarter. NASDAQ:RDFN reported a net loss of $130.03 million for the past year, which represented an increase of 59.51% compared to the previous year. For the fourth quarter, the net loss was $22.90 million, indicating a decrease of 20.69% compared to the previous quarter. Despite the challenging financial results, NASDAQ:RDFN managed to increase its earnings per share (EPS) over the past year. The EPS was reported at -$1.16 for the past year, reflecting a 61.25% increase compared to the previous year. For the fourth quarter, the EPS was -$0.20, showing no change compared to the previous quarter. Overall, NASDAQ:RDFN ’s stock performance was likely influenced by the mixed financial results. While the company saw a significant decrease in total revenue, it managed to increase its net income and EPS over the past year. Investors may be closely monitoring NASDAQ:RDFN ’s financial performance and evaluating the company’s strategies for future growth and profitability.
NASDAQ:RDFNLong
by DEXWireNews
RDFN fintech penny stock pre-earnings LONGOn the RDFN shows the trend up after a massive earnings beat and then the fade down into this past week. Price is presently situated at the 0.5 Fib level of the retracement of that trend up. Time is presently at the 0.38 Fib time zone extending from the trend up. The dual TF RSI shows the lines jumping over the 50 level in the past couple of days. The ADX indicator shows the ADX+ crossing over ADX- with the ADX+ now over the 20 threshold. I see RDFN as set for a pre-earnings momentum trade and will also take call options for the Feb 16 expiration the day after the report ( Striking $8 & 8.5). Of interest, a rate cut may be getting baked into RDFN.
NASDAQ:RDFNLong
by AwesomeAvani
Pullback Buy in RDFNRDFN is a stock we bought in my Alpha Stocks service on June 27 when it broke out above resistance at 11.50. It rallied 50% over the next three weeks but has now pulled back to a level where I would consider adding to or taking a new position. Redfin is a powerful stock, but it also has a history of 15-20% pullbacks throughout its up moves. As of Friday morning, the stock is 20% off its high with support at the 21-day exponential moving average which has contained this surge thus far. Traders may consider buying here with a stop loss near $13.
NASDAQ:RDFNLong
by rossgivens
1