on the daily chart, HOOD witnessed a strong rebound after forming a new higher low at 16.22$, to violate the resistance level at 19.44$, after BofA double upgraded Robinhood (HOOD) to Buy from Underperform. then remaining above 19.44$, will push the stock to test the last major peak at 20.55$, which is the level that needs to be violated, to confirm the major...
Robinhood Markets, Inc. (HOOD) is currently trading at $19.95, up 11.45% from the previous close. This significant movement indicates strong bullish momentum. Below is an in-depth technical analysis to provide actionable insights. Oscillators Relative Strength Index (RSI): At 63.31, the RSI is in the neutral zone but approaching the overbought territory. A...
Has a gap to fill quite far down but bears look hungry to take this one down after a great run so far in 2024
sl 18.40 target arround 28 (last move 10 dollars , breakout on good earnings being building up . good ep
Robinhood IPO'd during a period of dovish monetary policy and high retail speculation. It shortly after giga-nuked as retail speculation wrapped up to find a bottoming range between $6-$12 for a period of 2 years. The volume shelves are actually insane. Whats next? Robinhood has broken out in orderly fashion, but has not seen a parabolic rise yet. A old...
Robinhood ( NASDAQ:HOOD ) has achieved record revenues and profitability in Q1 2024, driven by growth in cryptocurrency, options, and equities trading. The company's earnings report for Q1 2024 showed a 40% increase in total net revenues, primarily driven by transaction-based revenues. Cryptocurrency trading revenues soared by 232% to reach $126 million,...
Hi guys this is a MACRO analysis on Robinhood (HOOD). Macro meaning larger timeframe aka the 1 week in this instance. Alot of stocks are down from their previous tops. Which means potentials for longterm gains for many names possible. During the decline of assets, price action may create specific chart patterns that may signal the bottom. For HOOD -> such a...
As of the latest market close, Robinhood Markets, Inc. (HOOD) is trading at $17.30, down by 3.08% from the previous close. The stock exhibits significant volatility, reflected by the trading volume of 51.21 million shares, substantially higher than the average volume of 12.34 million over the past 30 days. The current market capitalization stands at $15.24...
Robinhood shares ( NASDAQ:HOOD ) rose after the retail brokerage reported stronger-than-expected first-quarter results, with net income of $157 million, or 18 cents per share, and record revenue of $618 million. Cryptocurrency transactions accounted for $126 million in revenue in the quarter. The company's earnings per share and revenue numbers were both records...
earnings trade, positive earnings expected but might simply dump like Palantir
5/8/24 - vrockstar - look guys i think the UX rocks, the 3% IRA carrot was genius and overall... this "is" a better way to do banking/ crypto/ trading. not going to short the stock, but a lot of this positive stuff is defn incorporated since last EPS where the stock ran nearly 100% and it's realistically "just" off it's highs. even if we assume 50c of EPS power,...
HOOD recently broke out of a bull flag during a pre-earnings rally.
If you haven`t bought HOOD before the previous earnings: Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $2.22. If these options prove to be profitable prior to the...
Hood may see 17.35 before it makes any further moment, this can happen either today or tomorrow after earnings very much careful it may be dumped like may others due to ongoing news.
Robinhood ( NASDAQ:HOOD ) Markets has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) citing alleged securities violations. The crypto unit of Robinhood Markets, Robinhood Crypto, received the notice on May 4. The SEC staff has made a preliminary determination to recommend an enforcement action against Robinhood Crypto, alleging...
Reasons Why !! In Q4 2023, Robinhood’s net revenues increased by 24% year-over-year to $471 million. This growth was driven by higher net interest, transaction-based, and other revenues1. The company reported net income of $30 million, a significant improvement from the net loss of $166 million in Q4 20221. Adjusted EBITDA rose to $133 million, a 62% increase...
Hood could reach 9.6 to 9.8 easily in max. 2 Weeks . Not Fininacial Advise .
NASDAQ:HOOD Seems to have reached a local top and is due for a retest of the lower fin levels before picking upwards again. Expecting the stock to fall to 14$ (0.382) in the next 1 to 2 weeks. RSI Divergence on the daily chart + overbought. Potential downwards mouvement to MA line on 0.5 fib