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...
On Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off.
I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end...
Anyone watching (or trading) US equity markets might have noticed some (lets call it) optimistic price action in certain stocks, such as (but not limited to) AAPL, AMZN, PTON, ZM, and of course TSLA. Keen observers will also have noticed 9984 Softbank also ripping through new record highs.
At the same time, these stocks tend to sell off together - and I mean...
Weekend investors really outdid themselves this time.
With the pandemic alot of people have started using Zoom, a Nasdaq listed communication company that provides videoconferencing services.
The company is valued now at 44 billion and even at its lowest this year and since being listed in 2019 (correct me if I'm wrong) it was above 15 billion.
Hobby investors,...
Higher lows since it bottomed out at 52 week lows (.65) back in June. Built new support @ $1.20. Would be ideal if it can continue to hold above new support.
Next major resistance up @ $1.65. Pivot $1.93 and I believe we can see retracement back to (April highs). PT: $2.40
Unable to complete its bottom from last December’s low reversal to the upside. Retail Investors & Traders as well as plenty of Smaller Funds got duped by Corporate Buybacks. Weekly view shows a Flat Top Formation, one of the newer tops.
