The analysis indicates a significant shift in price action for Opendoor Technologies Inc. (OPEN). Following a breakdown from a pennant structure, there was sustained downward pressure, but a recent five-day period of upward movement, including a green hammer candle on the daily chart, suggests a momentum reversal. The stock has successfully reclaimed the $6.42 level, which previously acted as critical support. For continued bullish momentum, OPEN needs to consolidate above $6.42. Projected resistance levels are identified at $7.52, $8.00, and $8.80, with an ultimate target of retesting the $10.00 high. Invalidation of this bullish outlook would occur if the price falls below $6.42. The broader market, represented by SPY and IWM, also shows a positive trajectory, having moved past recent indecisive phases and confirming higher low trends. This general market strength supports a bullish continuation for individual stocks like OPEN, although an increase in buyer volume is essential for validating further upward price action for OPEN.