Description
⋅ HOOD reversed from a triple bottom at earnings and has been uptrending since then.
Fundamentally accounts and money inflow has increased. HOOD now has a credit card with
3% cash back. Low commissions, options, IPOs IRAs are all part of HOOD's services.
The Price Momentum Oscillator and Relative Trend Index indicator both support a bullish bias.
I will take a long position here at the beginning of another quarter while rate cuts may
trading and HOOD's current trend. The trend is forecasted to continue. I see a Doji candle
as suitable for the long entry.