3 stocks to consider buying as bearish sentiment recedes

GoHealth, Inc., Opendoor Technologies Inc., OrganiGram Holdings Inc. and others have been slumping.

Markets are mixed with Dow Jones trades at 33,352 after losing 0.53%. Nasdaq goes up 0.71%, trading at 11,883.

This limbo state is reflected by market data published as highly important Crude Oil Inventories data from United States beat analyst expectations of -1.49 million with a reading of -5 million.

What is a downtrend?

The perceived tendency of a price to move in a downward direction over time. A downtrend describes the price movement of a continously depreciative financial asset over a particular time frame. In a downtrend, each successive low and peak is lower than the ones found earlier in the trend. The downtrend is therefore composed of lower swing lows and lower swing highs.

| GoHealth | a 40.21% fall over a 5 day period

GoHealth, Inc. drops 15.17% since opening around $9.57 the Medicare access provider slides down from $9.36 to $7.94, losing $1.42 (15.17%). The trading volume is at 155,107, 420% above the 21-day average of 36,896.

| Opendoor Technologies Inc | a 50 cents (-29.23%) fall over 9 days

Opendoor Technologies Inc drops 2.63% since opening around $1.36 the online US real estate company slides down from $1.33 to $1.29, losing 3.5 cents (2.63%).

| OrganiGram Holdings | withdraws to 50.22 cents while on a 12 day downtrend

OrganiGram Holdings drops 1.28% since opening around 48.3 cents the medicinal cannabis specialist slides down from 50.87 cents to 50.22 cents, losing 0.65 cents (1.28%).