William Blair said in an initiation report Thursday Redfin Corp(NASDAQ: RDFN) is poised to benefit from secular trends and industry disruption. As such, the firm initiated coverage of Redfin with an Outperform rating. At time of writing, shares of Redfin were slipping 0.73 percent to $25.89. Analysts Brandon Dobell and Joshua Lamers said the gradual regulatory and lending standard changes, demographic and household formation trends, and persistent job growth should support healthy residential housing activity. That said, the analysts expect volume growth to be only modest. SourceWe can see a symmetrical triangle. But there are no signs about direction of a possible breakout. $RDFN, Redfin Corporation / D