HOOD - BULL FLAG BREAKOUT
Updated
As of the middle of February HOOD broke out from a 2 year long Trading Channel and immediately began to form a 3 month long BULL FLAG Formation that as of this past Friday February 17th it broke out from closing at $20.09 for an increase of $2.19 or 12.23%. Their recent quarterly Financials were also very good for the 5th quarter in a row with the Earnings Report significantly improved at +211.02% as well as their revenues up $618 million or 11.91%. The price target as I have shown on the chart is $29.29 or approximately 25% from the current price.
Note
Here's the Closeup Note
Here's a Monthly Look at the Chart.
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