HOOD oversold - good trading opportunity. Like it or not, Hood is one of the most popular trading platforms. RSI at 30 HOOD is Oversold with gap down. The volume indicates strong support at this leve. Very good trading opportunity
HOOD trade ideas
#HOOD Robinhood 1D Chart - What's next?Since Robinhood is interconnected with the crypto markets, I thought I would look at Robinhood stock. The Shiba Inu hype may have gotten to Robinhood for now but not everything can go down forever.
The stock seems to be touching it's IPO launch price and RSI on the daily is around 30 (over sold).
It may be a good time to keep an eye on this one if it can get back above the equilibrium on the descending parallel channel I put on the chart.
Lastly, keep an eye on the fib levels as we are at the bottom already.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
HOOD Blast!!Money Makers!
Keep an eye on HOOD. There's a lot of ppl that are naturally watching this stock due to previous complications during the hype of a few other stocks we should all know about I think this stock is getting ready to move higher with a massive sell-off to support yesterday. It has a few areas that it needs to overcome before it's a clear path to previous ATH. If this previous ATL is broken, I'm not sure how low it will go but I would look for a retest of s/r before thinking of shorting. Time will tell. It's all about Market structure, Area of value, and Entry Trigger.
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HOOD BounceHOOD gapped down on earnings to its all time low, the is a support buy zone. Looking for this to bounce back up to pre-earnings prices. A close below the all time low of 33.8 would trigger an exit
Robinhood (HOOD) LONG SET UP Robinhood Markets Inc is a financial services platform that pioneered commission-free stock trading with no account minimums and fractional share trading. The firm is focused on providing retail brokerage and offers trading in US listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt
BUY AT $35.50
TP.1 $40.50
TP.2 $45.50
TP.3 $50.50
TP.1 $60.50
$HOOD TRADING BELOW IPO PRICESRobinhood Plunges After Huge Revenue Miss, Terrible Guidance, 7.51 % After Hours.
$HOOD exec says the company will seek regulatory clarity before bringing any new cryptocurrencies to the platform
$HOOD Revenue Per User: -36% y/y
$HOOD CFO: "It's going to be impossible for us to accurately predict revenue on a quarter-to-quarter basis."
$HOOD Crypto Trading Revenue: -78% q/q
Good Lecture on $HOOD and why it's a bubble 💭
quoththeraven.substack.com
Go down!The paper has been pushing above the level for a very long time. The important level is 39.50. Below that a good short is possible.
Upwards does not want to go at all.
On the fundamentals, a decline in the number of new users, a drop in interest from existing users.The company's financials are expected to deteriorate.
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HOODHolding the IPO day high. Some levels above if it starts pulling away from here. Earnings next week.
HOODLIS 42.5
Short Robinhood to new lows
If bid gets hit above 42.5 this can run up as it's highly shorted.
$HOOD - Huge Cup Pattern Target $51 - $120Robinhood getting traction with Crypto Wallet + Best Exchange Broker Online + Bottomed Out
Check out the targets on the charts $51 - $120
Robinhood $HOODAftermarket Insiders to sell in an accelerated offering. Need Cathie Wood to step in. She is lear knee-deep.
Technically this is making new lows on the break of 40.50
Robinhood Bullish Reversal Zone Floor of support at $40.
If price can see a weekly close above $46 that sets up potential to see $55
I like $HOOD hereas long as we don't see a close below that big bull candle I'm quite positive on $HOOD. It's one of those 50% off the IPO high play. It's in a hot industry as well. Nice relative strength today compared to the $QQQ.
This day 9 is not at the high, I call it the consolidation 9. Consolidation 9 imo is bullish. It is below TDST resistance so that is bearish.
I have a position at $40.02. Lucky I got it filled during extended hours. I will exit once we see a high below VWEMA 9.
Good base overall.
$hood heading to $50 ? 👍🏻$HOOD daily chart looks promising 👌
Retest off breakout yesterday. Bypassing 48.5
direct rise towards 50.00 even 52.00.
Good luck
Possible 3 Bar PlayBig volume candle yesterday followed by a consolidation candle half the size of the initial run up can potentially be a 3 bar Play here.
$HOOD can start buying pullbackHave been watching this ticker like a hawk. Those following me on twitter also noticed I have a few shares average $40.3 on $HOOD. It breached the 9 VWEMA today with strength. I'm going to buy any pullback going forward.
the 50% drop from IPO seems to be a trend. Spraying orders between $46 and $40
What more you can expect from hood.Breakout with Doji candle boom 16% up. This stock might fly soon after breaking the upper resistance.
Robinhood - HOOD - Broke through trend line resistance!Robinhood - HOOD - Broke through trend line resistance! Now heading upward back into the 'Golden Zone' with limited price history. This could be the turnaround zone for HOOD? We will See?
$HOOD basing$HOOD consolidating in the 0.786 and 0.886 fib levels. Need a candle closing over the 9 VWEMA, holding above it and a nice green volume day as well to trigger me buying. Megabulls can start their position in this area but I prefer to wait
$HOOD cheap upside playCould the broker of the apes get some more action again soon.. hard to see this one settling down forever.. with 30 day HV at 141% and OCT vols at low 60s seems reasonable to buy premium if you believe a bounce is coming.. right sided skew also provides opportunities for call spreads too..
$HOOD Short ideaIt is heading down. Trends is currently bearish.
But $38 is the IPO price which is crucial support for now.
If it breaks down $38 price level it might hit around $30.
If it breaks the resistance line of the down trend it might hit around $50 in near term.
$AAPL $HOOD $PSFE $SPOT I OptionsSwing WatchlistHOOD 2H I Has an average price target of $55. Its still trading within a possible falling wedge. Watching for a bullish divergence on the RSI when it tests $40.
PSFE 1D I PaySafe has an average price target of $14, or a 65% upside from here. It is nearing all time lows, and a bullish divergence on the RSI might be forming.
AAPL 1D I The 'slight pullback' we mentioned last week happened as AAPL tested the top of our trend line. We have support at $144, $140. Big tech seems exhausted.
SPOT 1D I In light of the recent news coming out from the Epic Games vs. Apple case, I will track SPOT. I have set alerts at $255 for calls and $245 for puts.
