$HOOD Fibonacci, Bull Flag, Trend line Retouch, now we go up?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 fibonacci pattern, & is due to move upward.
Unless, of course, there's a whole lot more sideways action.. As we see with WISH.
*Not trading advice.
HOOD
High risk/High reward Robinhood ideaNASDAQ:HOOD
As the markets continue down we see Robinhood is coming back towards the $10 support
id be looking for a bounce in the overall markets on Monday and maybe even Tuesday given how violent the sell off was on Friday
earnings are coming for this name which will effect this idea one way or the other which is why i consider this a high risk play.
keep the stop loss tight under $10 for me that's anywhere from $10.50 - $10.65
happy trading
mindset matters
Musk + Bezos + Burry + Retail vs BuffetWho are the American stock market heroes?
1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com
2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown
3. The TV Star Dr. Burry!!! ( everybody loved the movie and want to short like him) warning that the crash is about to come twitter.com
And then you have these 2 points
1. The unpopular to youngsters Buffet investing more money fortune.com
2. Robinhood to allow all retail short stocks techcrunch.com
In my previous post, I showed how the 4-market phases look similar to today's market image BUT when everybody sees it you know what happens...
Robinhood (NASDAQ: $HOOD) Trading For Less Than $10 Per Share!🏹Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD earnings in 5 daysI expect a great quarter from HOOD after they listed SHIB.
I remember the substantial increase in revenues came after the DOGE listing. This time is SHIB.
But they also have great business strategies:
Robinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
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 Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
Robinhood (NASDAQ: $HOOD) Showing Massive Bullish Divergence! 🔑Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD targeting international expansionRobinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
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 Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
$HOOD curling upward towards monthly & weekly moving averages- $HOOD curling upward towards monthly & weekly moving averages
- The price is pressed solidly against a trend line
- Higher highs & lower lows
- "Megaphone" Pattern
Targets:
$14.50
$15.50
$18
Not trading advice, just analysis. Peer analysis welcome
Dead Cat BounceWyckoff's Accumulation schematic could predict minor strength of weakness if I'm not mistaken. I refuse to touch this stock for the number of times I've been burned. if price action looks good to Wyckoff's model I might actually go into my first short position and short this to hell and go long with insane leaps... I'm pretty sure This is the way.
Robinhood (NASDAQ: $HOOD) Finally Getting Interesting! 🚦Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD most possible scenariomost 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 the scam pump is when the accumulators dump on late buyers at huge mark up leaving them to hold the bag. stock could trade as low as 12 dollar during accumulation period. my plan is to have a cost basis of around 15-18 dollar.
HOOD 24/7 tradingIf 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 Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
HOOD Robinhood hyper-extended hoursWith ‘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 account balance of just $240, while Interactive Brokers has 607,000 users with 240K median account balance. the idea is that HOOD`s users are young people that for now don`t have enough money, but once they will get a job or earn more, the app will keep its userbase and they will most likely have thousands or maybe tens of thousands in their account.
$18.70 resistance is an easy upside in my opinion.
Robinhood - $HOOD AccumulationIf 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.
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How Low Rivian could go???I think the RIVN chart pattern is very similar to HOOD and it could follow the very ae pattern and experience a sharp constant drop to 60-40 in a Bearish case..!
You may think you have bought the next Tesla but Rivian can not be the next Tesla..!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$HOOD Huge Turning Point Levelwe have to confirm that 11$ 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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How many years need to recover???Do you think these stocks will b able to get back to their all-time high once again?
While Inflation getting high and soon we will see rate hikes and they are burning cash instead of generating ???
According to the current data, they are not profitable and will not be in the next 3 years. Moreover, RIVN has less than a 1-year cash runway..!
This means sooner or later RIVN shareholders will be diluted..!
They both experience a -58 and -54% drop after the last time I compare them..!
I would like to finish with Charlie Munger's quote:
“Capitalism without failure is like religion without hell.”
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.