Robinhood Markets is running near the resistance line & resistance zone & upper line of descending channel.
I expect Robinhood to go down at least to the support line I showed you in my chart.
Robinhood Markets Analyze (HOODUSD), Timeframe 4H⏰ (Heikin Ashi).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow...
PT: $40 by Q1 2024
I believe HOOD is greatly undervalued sitting around 9B market cap.
Negative sentiment may hinder the price in the near term.
NASDAQ:HOOD
Analysis is based primarily on Fibonacci levels, Wyckoff method, and market cycle psychology. I did a cursory check using Elliott Wave and, IMHO, I saw enough to corroboration with everything else to increase the warm and fuzzy feeling I get when thinking about how much $$ I’ve sunk into Hood below $10 price. However, I didn’t spend enough time on the EW to...
On 18 of July 2022 the price managed to broke out above the downsloping resistance line and since then we saw some upside.
- Now the price is forming the Head and Shoulders pattern.
- We expect the formation to break down in the next days. However it may take a few days to form the right shoulder which may be a little bit extended.
-The target would be at 7 $...
Ticker Symbol: $HOOD
️Timeframe: 4H
️HOLDING 200SMA ON 4HR AND 50SMA ON DAILY
️Investment Strategy: LONG
TECHNICAL ANALYSIS:
TRENDSI ATS MONEY MOVEMENT SHIFTING UP : BULLISH
RSI AND STOCHASTIC BOTH SHOWING BULLISH MOVEMENT.
CONFIRMATION I AM WAITING: TRENDSI ATS GREEN LINE WITH GREEN DOT
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if Robinhood is able to be profitable in 2023- Investors will come in - Buying the Jan 2024 60 Call at ask and selling the 70 strike against it would be a $10 debit with a possible $990 max profit at expiration if I'm right. $100 risk owning 10 spreads could be worth $9.9k at expiration (Jan 2024) - $1k risk -> $99K. Anything is possible
Robinhood shares slumped after a judge ruled that the company must face U.S. market manipulation claims over the ‘meme stock’ rally. Additionally, the SEC is investigating hedge fund Melvin Capital Management, which was heavily involved and affected by the ‘meme stock’ saga last year. 📉 11/08/2022 By "StockTwits"
TA notes:
+ Weekly basis: prev. week bullish hammer, reversal candlestick
+ Daily: Dealing range reclaimed
2 Ways to trade:
a. at BOS
b. on further consolidation at a discount
HOOD
Daily chart analysis
Nothing under the HOOD
HOOD has been getting smashed for some time and I can’t imagine any bulls going long here.
It is current in an obvious downtrend with the 50ema acting as the Dynamic Resistance.
After hitting low of 6.85, price bounced to the 9.30s where it found resistance from the 50 ema
At the 50ema Dynamic Resistance, price...
Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park,
California, that facilitates commission-free trades of stocks, exchange-traded funds
and cryptocurrencies via a mobile app introduced in March 2015
This company was grown very fast during Covid-19 as many traders joined the market as a way
of spending the free time...
Looking at the HOOD Robinhood Markets options chain, i would buy the $10 calls with
2022-8-19 expiration date for about
$0.39 premium.
Looking forward to read your opinion about it.
This chart is similar to the chart for WISH, in my opinion. Similar, yet holds a few critical differences- primarily, the trend line placement & consolidation since March 29th. It looks to me like the price consolidated in this wedge, is being held up, formed a bull flag, came back down to touch it, & in doing so has consolidated further on the fib levels of a...
As you see on this chart we will have a big probability of an uptrend after the breakout with force the vwap indicator and the resistance line by a big candle with a large volume.Thanks.
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