Roinhood Reversal/Buying Opportunity
Now may be a good time to get into Robinhood stock:
1. It went down almost 90% from ATHs.
2. Today had a bullish engulfing daily candle.
3. One of the highest volume since IPO.
4. RSI and MACD oversold with positive divergences on both.
Fib levels show potential price targets.
1. It went down almost 90% from ATHs.
2. Today had a bullish engulfing daily candle.
3. One of the highest volume since IPO.
4. RSI and MACD oversold with positive divergences on both.
Fib levels show potential price targets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.