$HOOD to 100%
Updated
Technically, 
HOOD is poised for a breakout, which could unlock 40%+ gains initially (+ potentially 60%+ later - but it's too soon to tell).
Catalysts: trendline support, above 50 SMA, crypto momentum, strong financials.
Watching for confirmation:
1. Breakout from the rising channel
2. Overcoming 15$ resistance
HOOD is poised for a breakout, which could unlock 40%+ gains initially (+ potentially 60%+ later - but it's too soon to tell).Catalysts: trendline support, above 50 SMA, crypto momentum, strong financials.
Watching for confirmation:
1. Breakout from the rising channel
2. Overcoming 15$ resistance
Note
A small idea title correction- it's a 125% combined move from the current pointNote
Observing the formation of a potential bullish flag.I increased my position at $11.6 with the expectation of a retest.
However, after the recent upper channel rejection, I'll manage risk cautiously and only add further if price action dips closer to the channel bottom.
Trade active
Found support at 50 SMA & trendlineEarnings beat (+16%), cup & handle forming
Ready for further upside
Trade active
First target reachedTrade closed: target reached
After a volatile 5 months delay, closed the position at $26
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