$HOOD approaching a great place to get long...

HOOD (Robinhood) is a rapidly growing brokerage with many innovative offerings and a very intuitive, user-friendly experience (app). They stand to gain a lot of business from the upcoming couple of decades of inheritance transfer from baby boomers to "younger" people who may not have a traditional brokerage account but who will be in the market for one...
This is a chart of the weekly. The purple line is a 50-period weekly exponential moving average (EMA). The 2 black down-sloping black lines frame price in what I believe to be a substantial bull flag. Bull flags are reliable continuation consolidation patterns overall. There is a fibonacci retracement framing the move from the latest major swing low (not shown; about $31) to the latest major swing high (approx $153) Just below the EMA is the 50% fib retracement level (purple dots). When price is at/close/below the 50% FR level, it represents a value zone for price. There is a Pivot Point located just above the EMA (yellow line at 98.87). If price gets down to the EMA, staying within the bull flag, it approaches "Confluence City," a place where it makes a lot of sense to me to get giga-long in my IRA. I have an alert set for if/when price crosses $98/share. The lower bound of the bull flag, the EMA, the PP, and the 50% FR are the factors which comprise "Confluence City," which is indicated by the green shaded rectangle.
If you look at the weekly and expand it you will see a similar bull flag touch of the EMA which occurred in April 25 at around $31/share (swing low where FR is anchored) which led to the bullish breakout and move to the swing high approx $153/share.
I believe that based on the accumulation seen for about a 4 year period from 2021 to 2025. it is reasonable to expect price to retest the recent major swing high ($153/share) and make a measured move out of the forming bull flag to a target of about $300/share. I do not have a timeline on how long this will take. But it makes sense technically to me.
Buy around $100 (if we get there) and let marinate in a long term account.
Disclaimer: DO NOT TAKE MY ADVICE! DO NOT FOLLOW MY TRADES!
Peace,
MrJosephTrades