HOOD is retesting its ascending trendline after a strong rally. The stock continues to form higher highs and higher lows, keeping the uptrend intact.It’s on high watch for next week —
Bullish scenario: A move above $140 could confirm momentum for a retest of the $155–$160 resistance zone.
Bearish scenario: A break below $130 would signal trend weakness, with $118–$120 as the next support area.
👉 Watch the $133 level for a potential CALL confirmation if buyers step back in.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.