Underperforming Redfin Stock Could Turn Things Around

Since hitting a more than 52-week high of $15.29 on Sept. 18, real estate services stock Redfin Corp (NASDAQ:RDFN) has taken a step back on the charts. Shares are down 0.7% at $10.11 at last glance to extend an 18.2% quarterly deficit and breaching their year-to-date breakeven level. However, RDFN is still up 100% over the last 12 months, and this most recent dip has it trading near a historically bullish trendline.Per a study from Schaeffer's Senior Quantitative Analyst Rocky White, Redfin stock is within ...