#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
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
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