Robinhood (HOOD) has broken out of a strong inverse head and shoulders pattern and cleared the Ichimoku Cloud, confirming a bullish trend shift. Both price structure and trend indicators support continuation.
Trade Setup:
Entry: $52.50
Stop Loss: $49
Target: $80
Risk–Reward: ~1:7.8
With volume picking up and bullish technical confluence, this breakout could trigger a move toward the $80 level — a major psychological and structural target.
#HOOD #IchimokuBreakout #InverseHeadAndShoulders #TrendReversal #BullishMomentum #SwingTrade
HOOD
Trade Setup:
Entry: $52.50
Stop Loss: $49
Target: $80
Risk–Reward: ~1:7.8
With volume picking up and bullish technical confluence, this breakout could trigger a move toward the $80 level — a major psychological and structural target.
#HOOD #IchimokuBreakout #InverseHeadAndShoulders #TrendReversal #BullishMomentum #SwingTrade
HOOD 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.