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$HOOD potential bottom (1/5)

Long
NASDAQ:HOOD   Robinhood Markets, Inc.
Conviction: 1/5
early trade: no confirmation of bottom yet


General Thesis
  • daily RSI showing bullish divergence, bouncing up from oversold levels


Value
  • P/S at historical lows although high compared to rest of market

Potential Risks
  • history is very short

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