$HOOD Long Idea

Updated
HOOD recently broke through resistance from the recent high. The shorter term EMAs (9 and 21) have crossed and we see bullish divergence (RSI) on the daily timeframe. This builds a strong case for the bullish narrative.

We continue to look for strength and go long over $14.50
Trade active
This trade looks good here if we can maintain this level!
Trade active
sold some off today, still holding half the position with some options sprinkled in. looking for a run to $20.
Trade active
Still holding and looking for higher highs
emacrossoverHOODlongpositionlongsetupMoving AveragesOscillatorsSupport and Resistance

“You have power over your mind – not outside events. Realize this, and you will find strength.“

-Trade Daddy
Also on:

Disclaimer