Redfin (RDFN) Recently Broke Out Above the 200-Day Moving Average

After reaching an important support level, Redfin (RDFN) could be a good stock pick from a technical perspective. RDFN surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend. Over the past four weeks, RDFN has gained 39.4%. The company is currently ranked a Zacks Rank #3 (Hold), another strong indication the stock could move even higher. Once investors consider RDFN's positive earnings estimate revisions, the bullish case only solidifies. No estimate has gone lower in the p ...