HOOD top into earnings
I believe we are seeing a 5th wave here that lines up perfectly with the 1.618 fib. This is a difficult stock to short so I definitely wont be doing that. My plan will be to re-enter a position and sell CSP around 45$ if we get the correction I am looking for. 5 waves played out on the last downtrend, so I am hopeful this works here.
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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.