most probable scenario for $HOOD. will keep making new lows for Q1 2022. ipo retail buyers way under water with a 38 dollar cost basis ( -42% return). then an accumulation period lasting 2-3 months. this accumulation period should shake out the ipo buyers and any recent dip buyers. lastly is a scam pump that should top out around previous ATH +/- 15 dollar. during...
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...
Expected Pullback at VMA is happening...if the range holds above daily BB, further upside is possible...
best case for longs is bullflag above 14.28
I don't think it will roll over quite yet, but worth keeping an eye for weakness.
With ‘hyper-extended hours’, Robinhood wants to make stock trading available more hours of the day!
I think that is the future of trading, 24/7, or just something from the past that we need to revive. “Continuous trading,” in which orders are executed when they’re received, didn’t take hold until around 1871.
Robinhood has 22.5 million users with a median...
If you were ever interested in purchasing shares of Robinhood, this could be time to start accumulating. $HOOD is down over 80% from it's all time high back in August 2021.
We've seen the most volume on the stock occurring between $10-$14 range. The DMI is almost about to cross over to the bullish momentum, but as always wait for confirmation.
Disclaimer:
I do...
great trade for traders who like buying the bottom but need to be patient
price can go sideways for a certain period of time
but MACD and RSI look bullish
start with a small position first, wait for the breakout and confirmation
Disclaimer!!! not financial advise
I see $HOOD ending its distribution cycle, thus of course entering accumulation cycle. I see a V shape recovery taking place making its way near the 18.5 level indicated by the orange line. I believe Hood is general, has found its bottom, and prepping for a recovery upwards. I will be watching to break the local downtrend in yellow, making a move out of the global...
Super beat down, had a lot of buyers show up under $12 and this overall idea is based on that staying as the bottom.
Two ways to play this are
1. Buy the pullback (~$13.50 at time of posting)
2. Play the breakout (white box)
In either case, I expect HOOD to go up to the next volume area at ~$18.50 and then rocket up to ~$35 (hence the gap area; very little volume...
we have to confirm that 11$ is our last support to confirm our bearish trend reversal, and testing first our first strong resistant around the 19-20$, and that will be the first signal for bullish momentum starting .
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Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Robinhood Markets, Inc (HOOD).
The chart is self-explanatory. Price has a nice short term move up, however RSI just broke the support line, with the potential of a move down in price. Please read the chart for all the notes.
Included in the chart: Trend line, Support...
HOOD has been doing some interesting things lately, and unfortunately its starting to look weak but also prime for a bounce if market is bullish! Below I have charted out what I believe is the key levels it wants to move towards dependent on market conditions. If VPVR is given up I believe next stop is 13.30, which could bring another rally, orrrr just continue to...
