Robinhood (HOOD) a buyIt looks like Robinhood (HOOD) has many buy signals at this price point. Thoughts?
Please share your price target short term.
Thanks.
HOOD trade ideas
HOOD - Oversold Target: $55RSI indicator showing that HOOD is oversold on the 4H chart. We see a pullback to $55.
For educational purposes only.
$HOOD - Huge Falling Wedge Pattern Target $51 - $120Robinhood stock been in a Downtrend from months!
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HOOD - ROBINHOOD BOTTOM - BE READYAll,
First off I hate Robinhood as a trading platform and what they put their users through. However, supply and demand do exist. I think for sure $17ish on RH here is a for sure bounce. Maybe a little sooner depends but all downtrends end in the $17ish range. Add alerts around 19-18-17 and just watch it.
HOODI will not enter, but the further development of events is very interesting, whether it will be the bottom or not, the situation is actually "fallen or gone".
It can fall at least to "0", like GOPRO
#HOOD Robinhood Stock - +20% move comingToday I am reviewing the 1D (daily) chart for Robinhood (HOOD) on a linear scale.
In the chart I noted:
1) The price is shown inside a parallel channel since August 2021 when the the price had a major drop.
2) I am showing a prior fractal as noted in the red oval for the upcoming price. The fractal top price of $37.62 is in line with significant resistance as shown on the Volume Profile (VPVR).
3) The RSI (relative strength index) is now oversold and about to touch the bottom trend line of the parallel channel. This may move upwards helping the price rebound.
What are your opinions on this? I love reading your comments below.
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
HOOD trading tightening up. Finally some positive news?Okay, there is no denying that Robinhood has been a dumpster fire.
Between all the bad press with trading halts and outages, then the IPO was very obviously less than spectacular.
But my hunch is that we may be bottoming very soon, with a large amount of institutional money, they won't be letting this fail.
But we can let the charts tell that story.
Robinhood Markets (USA: $HOOD) Is Finally Looking Good 👌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 650 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; and lists, which allow users to create custom watchlists to monitor securities, ETFs, and cryptocurrencies, as well as cash management services. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD 1H Wolfe Wave Bullish 11/17A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
$HOOD - Quick morning day trade (Oct 27) on Robinhood
Robinhood gaps down this morning on mixed earnings (Wed, Oct 27).
I'm looking for a quick move to ATR limit (>1.85) and monthly & weekly resistance on either side in the first hour of the market open. Will scale into the levels marked on the chart.
If price bases at either of these level mid days, I may take the trade there as well.
Falling Wedge/Bottom Fishing HOOD is closing in on the all time low. A stop below this low would not be far away today. If price goes below this low, there is no support to be found, so it could be a long time before it forms a bottom.
Short interest is 6% and negative volume is very low right now. OBV is hanging in there. Possible bullish divergence on RSI, but divergences are best seen on the weekly timeframe and there is not enough chart formation yet to see much on weekly.
Not a pretty picture except for the falling wedge.
Falling wedges are often found at the bottom or towards the end of a deep pull back. FWs are considered bullish but can be a long term pattern. Price must break the upper trendline with conviction.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. They are opposite of a rising wedge which is bearish.
No recommendation/strong downtrend noted.
Hood BuyLooks like we caught support near prior breakout area.
Expecting price to push higher to retest AVG level.
Double bottom on H4 w/ Bull Divergence spotted.
Target 50.30
Robinhood HOODAlthough still in a downtrend its worth keeping an eye on this potential double bottom pattern.
Whats your thoughts??
HOODIPO doesn't have any assets doesn't own any property .
Robinhood paid roughly $70 million in penalties for its systemwide outages and misleading communication and trading practices, the Financial Industry Regulatory Authority said Wednesday.
As you can see Robinhood fundamentals and customers treating speaks for them self .
TP: 4.73
Bulgarian HOOD longYea I mean this is another absolutely disgusting feeling one. Sometimes that correlates well with good trades. At some point though you have to figure dumb dumbs will bid HOOD up yet again. In this low yield world there's always some dreamy eyed portfolio manager believing that tech stocks will somehow magically pull out future cash flow multiples that we all know in our hearts isn't possible, especially for a joke of a company like $HOOD. But I digress.
They'll still keep finding new and creative ways to rip off Reddit traders, and we might well get to watch the stock go up as they do.
HOOD PT1$39 PT2 $42 NASDAQ:HOOD
HOOD Ready to run on 1/D CHART. May its take 3 Months Stop loos $33.
Buy the support??Entry - $35.97
SL - $34.99
T - $40
They want me to write more than this, so I am writing anything here.
HOOD oversold - good trading opportunity. Like it or not, Hood is one of the most popular trading platforms. RSI at 30 HOOD is Oversold with gap down. The volume indicates strong support at this leve. Very good trading opportunity
#HOOD Robinhood 1D Chart - What's next?Since Robinhood is interconnected with the crypto markets, I thought I would look at Robinhood stock. The Shiba Inu hype may have gotten to Robinhood for now but not everything can go down forever.
The stock seems to be touching it's IPO launch price and RSI on the daily is around 30 (over sold).
It may be a good time to keep an eye on this one if it can get back above the equilibrium on the descending parallel channel I put on the chart.
Lastly, keep an eye on the fib levels as we are at the bottom already.
What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
