HOOD
$HOOD curling upward towards monthly & weekly moving averages- $HOOD curling upward towards monthly & weekly moving averages
- The price is pressed solidly against a trend line
- Higher highs & lower lows
- "Megaphone" Pattern
Targets:
$14.50
$15.50
$18
Not trading advice, just analysis. Peer analysis welcome
Dead Cat BounceWyckoff's Accumulation schematic could predict minor strength of weakness if I'm not mistaken. I refuse to touch this stock for the number of times I've been burned. if price action looks good to Wyckoff's model I might actually go into my first short position and short this to hell and go long with insane leaps... I'm pretty sure This is the way.
Robinhood (NASDAQ: $HOOD) Finally Getting Interesting! 🚦Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD most possible scenariomost probable scenario for $HOOD. will keep making new lows for Q1 2022. ipo retail buyers way under water with a 38 dollar cost basis ( -42% return). then an accumulation period lasting 2-3 months. this accumulation period should shake out the ipo buyers and any recent dip buyers. lastly is a scam pump that should top out around previous ATH +/- 15 dollar. during the scam pump is when the accumulators dump on late buyers at huge mark up leaving them to hold the bag. stock could trade as low as 12 dollar during accumulation period. my plan is to have a cost basis of around 15-18 dollar.
HOOD 24/7 tradingIf you haven`t bought HOOD`s growth thesis:
Then you should know that Robinhood plans to offer 24/7 trading to its customers.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at 6 p.m. and they recently announced a new extension, from 7 a.m. to 8 p.m.
Robinhood could be the Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
HOOD Robinhood hyper-extended hoursWith ‘hyper-extended hours’, Robinhood wants to make stock trading available more hours of the day!
I think that is the future of trading, 24/7, or just something from the past that we need to revive. “Continuous trading,” in which orders are executed when they’re received, didn’t take hold until around 1871.
Robinhood has 22.5 million users with a median account balance of just $240, while Interactive Brokers has 607,000 users with 240K median account balance. the idea is that HOOD`s users are young people that for now don`t have enough money, but once they will get a job or earn more, the app will keep its userbase and they will most likely have thousands or maybe tens of thousands in their account.
$18.70 resistance is an easy upside in my opinion.
Robinhood - $HOOD AccumulationIf you were ever interested in purchasing shares of Robinhood, this could be time to start accumulating. $HOOD is down over 80% from it's all time high back in August 2021.
We've seen the most volume on the stock occurring between $10-$14 range. The DMI is almost about to cross over to the bullish momentum, but as always wait for confirmation.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
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How Low Rivian could go???I think the RIVN chart pattern is very similar to HOOD and it could follow the very ae pattern and experience a sharp constant drop to 60-40 in a Bearish case..!
You may think you have bought the next Tesla but Rivian can not be the next Tesla..!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$HOOD Huge Turning Point Levelwe have to confirm that 11$ is our last support to confirm our bearish trend reversal, and testing first our first strong resistant around the 19-20$, and that will be the first signal for bullish momentum starting .
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How many years need to recover???Do you think these stocks will b able to get back to their all-time high once again?
While Inflation getting high and soon we will see rate hikes and they are burning cash instead of generating ???
According to the current data, they are not profitable and will not be in the next 3 years. Moreover, RIVN has less than a 1-year cash runway..!
This means sooner or later RIVN shareholders will be diluted..!
They both experience a -58 and -54% drop after the last time I compare them..!
I would like to finish with Charlie Munger's quote:
“Capitalism without failure is like religion without hell.”
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
HOOD Robinhood: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Robinhood Markets, Inc (HOOD).
The chart is self-explanatory. Price has a nice short term move up, however RSI just broke the support line, with the potential of a move down in price. Please read the chart for all the notes.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Stochastic RSI, Volume, Parallel Channel, Median Line.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Analysis of HOOD for 7/8HOOD has been doing some interesting things lately, and unfortunately its starting to look weak but also prime for a bounce if market is bullish! Below I have charted out what I believe is the key levels it wants to move towards dependent on market conditions. If VPVR is given up I believe next stop is 13.30, which could bring another rally, orrrr just continue to sell off. Other scenarios in bullish market are a run and stop at 14.50, before then struggling and falling, completing the head and shoulders and most certainly bringing 13.30. Unless it can rally past 14.50, 15.20 and continue on its recovery.
All around plenty of movement if the volume is there.
meme stocks showing pairity (HOOD, GME, AMC)the grouping of retail longs and its mothership, Robinhood are showing bullish divergence from oscillators and oversold conditions in rsi. the relative strenght based qqe signals strategy has put in nothing but shorts and faile long entries. the chances of the strategy continuing to make money short is low.
elliott wave sage of youtube has released a video detailing why this wave 5 leg down could lead to reversal. a cross above the VWMA 12, close, 9 in HOOD would be bullish for this group. if we fail the 1.618 and hold or fakeout bear the 0, or continue above 13.89 immediately, not breaking 12.39, a trip over 16 could be in the cards.
this stock is a great buy under $10, and shows there is attractive value around these internal and fundamental levels to do with proportions of debt to earnings with the credit they have and p/e compared to cash on hand.
ask yourself would robinhood buy itself at these prices. if the answer is yes then its a good time to invest. they are a brokerage like any other. they make money when people change their outlook. prices can go up or down, but they profit from volatility and uncertainty.
HOOD Robinhood Growth ThesisRobinhood has 22.5 million users with a median account balance of just $240, while Interactive Brokers has 607,000 users with 240K median account balance. the idea is that HOOD`s users are young people that for now don`t have enough money, but once they will get a job or earn more, the app will keep its userbase and they will most likely have thousands or maybe tens of thousands in their account.
If you haven`t bought the dip here:
Then you should know that with ‘hyper-extended hours’, Robinhood wants to make stock trading available more hours of the day!
I think that is the future of trading, 24/7, or just something from the past that we need to revive. “Continuous trading,” in which orders are executed when they’re received, didn’t take hold until around 1871.
My price target is $35!
Looking forward to read your opinion about this!
Has Robinhood (HOOD) Stock made a bottom?Maybe. Robinhood stock (HOOD) could have setup a bottom on the last earnings. The stock has been rallying today but the foundation for why this could be a bottom still presents a good reward risk trade. In this video I talk about the potential trading setup, why I like the potential, where it goes wrong and you need to stop out, and use HOOD as a teachable moment for why bagholding is a terrible strategy. "The stock can't go lower..." ranks among the most deadly sayings in trading and investing!
HOOD 3.3X cheaper than the IPO priceRemember Robinhood Markets, Inc. (HOOD) trading at $85 5 months ago?
Now the price reached $11.69, which is 3.3 times lower than the IPO price.
Sitting al the all time low support now, HOOD can be a buyout for a big company la PayPal!
I see that as a great buy opportunity!
Looking forward to read your opinion about this!
$HOOD will be done shorting $DOGE soon.Not a surprise the big short interest that have been governing $DOGE at least since ATH in 2021. In my opinion Robinhood, holder of 30% supply of DOGE, has been shorting the coin all this time in order to buy it at a big discount at the moment of materializing the wallets for its customers. Once this event happens, $DOGE will not have a real open interest of such a size, and it will naturally go up. The 30% supply of DOGE held by RH will be transfer to the real user-owners, creating a shock supply and short squeeze. Be ready for mars instead the moon.
SHIB Expected to List on Robinhood in FebruaryRobinhood Listing Rumor is the news of the year for the Shiba Army!
The listing is expected in February!
My price target after the listing is, thanks to the Fibonnacci extension tool, $0.00007600!
Looking forward to read your opinion about it.
First called SHIB at $0.00000684: