Robinhood - DEAD CAT - Hold for BrokeNOMO FOMO
*Valuation Matters
#epiceconomics
Try again in a decade.
HOOD trade ideas
Money flows matters..!I usually check the price volume leaders of the market every single day..!
Almost every day, SPY is ranked 1st in the market, and in 99% of the past trading year, Tesla was ranked first among stocks!
Today 12.37 Billion dollars were poured into a 40 billion dollar company and increased the closing price 50%, however, at some point, this was an 85%..!
Price volume of:
TSLA : 12 Billion market cap 700 B
AAPL : 8.2B market cap 2450 B
AMZN : 7.3 market cap 1700 B
But this job by stampede group of traders who caused this rally is far away from finished..!
Triple-Digit price tags in the next 1-3 days..!
The question is: how much risk do you able to handle???
I was written about all sorts of craziness in HOOD yesterday..!
No recommendation to join them or play against them..!
This lottery ticket like all others will have few winners and many losers..!
Mind the Gap: HOODThe Robinhood NASDAQ:HOOD IPO continues to be an interesting stock to watch. After holding the 50% Retracement it failed to make a new high. Now is it breaking the retest and near the close today is testing the gap open from yesterday.
The big brain play is to short meme stocks like this... but how? Shorting shares carries unlimited risk and buying Puts burns capital as volatility and time decay. In my Livestream tomorrow 4pm Eastern (at the market close) I'll look at a few strategies traders can use to bet on the hype failing and capture the FOMO pain gains.
HoodI was stopped out of half my postion. Doubled investment so I locked in profits. I posted recentlt if we lost 65.50 I’d exit half my postion and that’s what I did. Last line of support here is 55.45. I’d look for that area for a potential bounce. If we lost that then I would see it come back to46.89 support but not as strong as these ranges between 65.50-55.45
$HOOD crashing while still up 30% from 2 days ago?So according to twitter...$HOOD is crashing while still up 30% from 2 days ago.
Robinhood - Gap Down - Epic Economics - FOMO PoofStay away from Ponzi Pogs & Dead Cats. There's plenty.
Robinhood Is Now a Meme Share, ADP Perplexes, Oil DropsYesterday was rich in all sorts of events and new information. Let's start, perhaps, with the loudest one: the growth of Robinhood shares by some unrealistic 65% in the first minutes of trading. Recall that this is the same Robinhood, which went public last week and which turned out to be one of the most disastrous in terms of the results of price dynamics for companies of this size.
What happened to the company in the last couple of days? By and large, nothing. Katie Woods with her ARK bought a fairly large block of shares, but, perhaps more importantly, the share was actively dispersed on Reddit. Looks like retail investors have found new fun to replace GameStop and AMC and its name is Robinhood. At least HOOD is the number one ticker on WallStreetBets Swaggy Stocks tracker.
What does this all mean? That there was a great opportunity to earn money. Such ups are a great opportunity for more expensive and quick sales, and most importantly - guaranteed earnings. At least the experience of other meme-actions speaks about this. Common sense also speaks in favor of this: the current price / sales multiplier for the company is above 50 (!). For comparison, a very expensive and overbought Apple has less than 9.
From the more global news of yesterday, it is worth noting the disastrous US employment data from the ADP. Naturally, they failed in relation to market expectations (growth was predicted by 695K, but in fact it was 330K), because + 330K is an excellent result. On the other hand, the data on the indices of business activity in the US in the service sector were unambiguously positive: the ISM Services index as a whole and in the context of its components turned out to be higher than expected and previous values.
US oil inventories unexpectedly dropped last week, according to official data. Oil, which was already feeling unwell this week, has received a serious hole and may go to the bottom. The key to failure is a combination of an increase in oil production from OPEC + amid a new wave of the pandemic.
Today is interesting primarily by the results of the meeting of the Bank of England. Monetary policy parameters are likely to remain unchanged. But in any case, the comments and assessments of the Central Bank are extremely important for the British pound.
RobinhoodStrong Buy - Dodgy as the day is long but it's going up meme stock mentality.
"ARK Investments bought Robinhood (ticker: HOOD) after the IPO and has continued buying, and the company was praised on Monday night by CNBC’s Jim Cramer, who said “the stock would soar” if it made a deal like Square’s (SQ) deal to buy Afterpay. The company also published its restated bylaws late on Monday.
Robinhood has said that 301,000 of its customers had bought into the IPO."
Pin bar to the left could be a sign of selling pressure, wait for candle to open with momentum above $47.11
RSi and Macd Moving Average below both look to be rolling over but they can also stay up there so depends on momentum you'll have to watch.
Place Alert on "6. Macd's Highest/Lowest" one of the best indicators to give heads up on retracing.
If it breaks out of Channel too high that is the time to get out it will revert back to the channel they always do.
I'm sure there will be a lot of after-hours buying as we speak.
Do some Due Diligence see what else is the gos.
To the moon I think.
But ya never know it's a fickle game.
: )
long #hood#hood personally I don't like the company, but it is on a pullback the area of the primary trend, at that trend area is the vwap median, and a strong support level and a strong psychological level ($65), I would look to buy into the trend at 65-70$ and ride this up, invalidated if it falls and hold beneath 63$ on a 15 min candle. Price target is unknown, will ride the trend as long as it exists. Put your feelings aside in the market, there should be no bias, do what the market does and win.
not financial advice, do your own charting/due diligence as we may not agree.
strategy for HOOD THURSDAY 08/05/2021
(HOOD buy price 85.40)
(HOOD sell price 84.00)
NOTE: at this moment it is below the sale price in post market we must wait until tomorrow if it opens above buy price
FIB ON HOODNot much to go by but looks like it's going by Fib lines for the moment. It will need more time. But for fundamentals its a good company money wise.
Hood I decided to play around on hood in the 15 min time frame last week and make a move on a potential buy zone at 33.39 based off the first wick upon opening of this ipo. I bought 7 shares to screw around with. I discussed a descending triangle that if we broke 36.18 could bring us back to 40$ range. I added 7 more shares in that area and put stoploss below 38$ once we took off. Didn’t get stopped out and have been tracking since. I have more then doubled my investment so I plan to put a stoploss below 65$ for half of my total shares to sell half on a double
65$ is a potential breakout of a bull pennant. If we hold 65.50 area as support could be a backtest to a bullish breakout. If we lose it I have support down at 55.50 just an idea. It’s hard to Tract all moves above previous priceaction so I do want to lock in Gainz. Keep eyes on 65.50 if you haven’t entered. And if we lost that I’d watch 55.50
Welcome to the HOOD- RobinhoodTime for us to enter. Better be a late runner and avoid the FOMO, the chart is our map and support is drawn on the chart for you all to follow if you like.
For sure you know what ROBINHOOD is.
Expectations are as investors like Cathie Wood's ARK Invest build positions .
Shares of Robinhood, an investing-focused consumer fintech company, soared this morning in pre-market trading. The stonk phenomenon , which helped propel minor companies like GameStop and AMC earlier this year, appears to be impacting Robinhood’s own stock; that much GameStop and AMC trading took place on Robinhood’s platform during stonk-fever is irony not lost on this publication.
Robinhood Rug Pull - Lemmings Play HereJust as the AMC monkeys do everywhere. Slip on banana. FOMO Poof! #EpicEconomics
$HOOD is gonna fall todayPupm&Dump trading strategy idea.
$OTLK is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $53,09;
stop-loss — $53,88;
take-profit — $51,52.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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The History of Robinhood - Instantly Overbought on Light Vol. Meme Mania Investing 2021. Stonks & Crypto Ponzi Pogs go Poof.
NOMO FOMO.
Robinhood Rips: IPO Breakout ExampleThe Robinhood NASDAQ:HOOD IPO is playing out and if traders were PATIENT they would have gotten fantastic risk to reward setups with today's price action. I use this an example of how better to play IPOs instead of buying on the first day as many do!
Can't be too good for the HOODBearish continuation on the RSI, Rising channel. Lets rob HOOD for the fact that theyve been robin-the-hood for quite sometime. The Billionaires robinhood, Take from the poor and give to the rich. Drive this price to the ground!
robinhood is public.will Robinhood get slashed? They have a bad reputation. I am curious how much that matters to wall street evaluators.
