HOOD EARNINGS CHART, THE LITTLE FEATHER THAT COULD
Updated
Hood potential earnings chart.
I labeled the important stuff within the chart.
There is a big trend line that I don't think will hit because it takes price down to $3, which I guess is theoretically possible.
I think 8.45 is a more real price and if that price hits, it seems the price can get up to $13.
It can also go the other way, upside first to $13.
I drew a small guideline for a potential path, but there are many, focus on the price targets and trends.
And again, 8.45 is a really strong price support target.
Good luck.
I labeled the important stuff within the chart.
There is a big trend line that I don't think will hit because it takes price down to $3, which I guess is theoretically possible.
I think 8.45 is a more real price and if that price hits, it seems the price can get up to $13.
It can also go the other way, upside first to $13.
I drew a small guideline for a potential path, but there are many, focus on the price targets and trends.
And again, 8.45 is a really strong price support target.
Good luck.
Note
Forgot to mention, price target is 22 and then 33 on the higher side. You'll need a new chart within a few weeks though.Note
Remember, a breakout can occur on on that trend line it just hit, which could take price up to $13 and then it can even go higher should it want. I still think we are likely to see the $8 range in the future once this move to the upside is over.
Note
This is the breakout to $13. Potential to see retracement coming from here. Potential to see more upside.Note
I wouldn't risk the buy into this level. I'd either decide on being short or just wait for a better entry opportunity even if I miss out on more upside.Note
shoulda risked the buy into that level, eh. lolololI actually didn't pay attention to this chart close enough or I feel like I would have seen the confirmation on trend.
Sorry if you missed out because of that.
Good news, short position entry potential coming up at $21-$23
WHERE ARE MY PATTERN PEOPLE AT?
This is bullish, no?..
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