HOOD, now at 16.8 on Mar-19-2024 :
Wait and buy few at 15.9, 14.85, 13.85
Should be able to hold 6 to 8 months
Price levels to watch on upside --> 19.2, 21.26, 22.53, 23.56, 24.6
Expected gains from current price ---> 47%
HOOD printed a DAILY BULLISH DIVERGENCE.
The price has created the first higher low since a long time.
245 % gains are likely if you are patient.
Once 19-20 $ is taken, the price will fly.
Take profit levels and final target are shown on the chart.
In my opinion , if it drops lower, may be worth to DCA into HOOD.
This is just my basic MONTHLY charting.
I have marked what I see as the bottom (support).
I see overall DOWNTREND with POSSIBLE reversal to UPSIDE.
I have marked my potential BUY LEVELS for LONGS/CALLS.
As you can see, since HOOD formed a double top pattern, it has been consistently declining from the second peak. I have marked out the important resistance and support lines for you to get a better idea of where HOOD is headed. If HOOD is able to break the current resistance, it has a chance of retesting the main support again, but it tested the current resistance...
I expect a great quarter from HOOD after they listed SHIB.
I remember the substantial increase in revenues came after the DOGE listing. This time is SHIB.
But they also have great business strategies:
Robinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their...
Robinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at...
If you haven`t bought HOOD`s growth thesis:
Then you should know that Robinhood plans to offer 24/7 trading to its customers.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at 6 p.m. and they recently announced a new extension, from 7 a.m. to 8 p.m.
Robinhood could be the...
