HOOD weekly stop loss to $0)))Buy Shares of HOOD Stop at $11.70 Limit at $11.70 (Good 'til Canceled)
HOOD weekly stop loss to $0)))
HOOD trade ideas
Why I am buying HOODHOOD has been a losing since it's long awaited IPO, but it's not all bad, I strongly believe HOOD has a chance to bounce back up to the range of 15-16 USD a share, I have just recently some shares at 10.81 and I will hold for the short term, take this lightly, I am not certified, do your research, this is just why I am buying HOOD.
HOOD (POTENTIAL BUY LEVEL) ***BULLISH SENTIMENTThis is just my basic MONTHLY charting.
I have marked what I see as the bottom (support).
I see overall DOWNTREND with POSSIBLE reversal to UPSIDE.
I have marked my potential BUY LEVELS for LONGS/CALLS.
HOOD - Huge divergence in weeklyHOOD chart showing huge divergence in two indicators: OBV and RSI.
Following Statista, the number of users is flattening to around 22M users.
Forcast growth next 5 years: 200%
EBIT is still negative for quarter over quarter, but it is getting better, while operating expenses are reduced and current assets growing with current liabilities reduced compared to the last two quarters.
The company is not loosing users, but it keeps burning cash (huge issue with current market conditions)
The OBV indicator is showing the possiblity of smart money accumulating huge position in the stock.
The forecast with the current market situation is difficult, and financial situation of HOOD is not optimal.
Position open CALL 20Jan23
Thanks,
Sam
*Not financial advice
*Trade with your own risk.
HOOD double top 22 % drop possibleHOOD price is forming a double top pattern.
How to trade:
- enter short only if / when the price breaks below the neckline
- Volume surge on the breakout point will be a confirmation for a real breakout
- stop loss and target shown in the chart
Fundamentals:
- Macro remains bearish overall.
- DXY still strong.
- More downside expected in the stock and crypto markets
Good luck
HOOD BULLISH AND BEARISH SCENARIO $$$As you can see, since HOOD formed a double top pattern, it has been consistently declining from the second peak. I have marked out the important resistance and support lines for you to get a better idea of where HOOD is headed. If HOOD is able to break the current resistance, it has a chance of retesting the main support again, but it tested the current resistance yesterday and failed to break through, giving us a rough sketch that HOOD might decline further.
HOOD Buy OpportunityI have some confidence that we are nearing the bottom of the dip for HOOD.
Expecting to see some relief here from the selling that has taken place since highs were made immediately after IPO.
DYOR.
I'm already building a position here, first PT is 20$+
hoodif it break 11.12 you can see 15-16 .
if more traders is considering you can see 20 too
very strong resistant level.
sellers always push down from this level.
a lot of fake break out
if it close to day upper than 11.12 you can go long.
respect the stop loss
but MA20 - 50 support the price in week coming ahead.
HOOD 3/13/22HOOD
Since going public in Aug 2021, HOOD found itself moving sideways and making lower highs into support area at $40 area until Oct.’21.
Price went on to break down from this descending triangle and enter a strong downtrend respecting the 20ema.
Price fell from $40 to $10 where it found support.
Between late Jan.’22 thru present date, price has been making lower highs into support area @ 10.
The current bearish descending triangle in current downtrend is my cue to enter trade short.
Entering trade short.
Entry: 10.94
Stop loss: 12.79
Target: 5.00- +54.30%, 3.21 RR ratio or will trade 10ema
Robinhood Markets Analyze🏹!!!Robinhood Markets is running near the resistance line & resistance zone & upper line of descending channel.
I expect Robinhood to go down at least to the support line I showed you in my chart.
Robinhood Markets Analyze (HOODUSD), Timeframe 4H⏰ (Heikin Ashi).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
HOOD is undervalued PT: $40 by Q1 2024
I believe HOOD is greatly undervalued sitting around 9B market cap.
Negative sentiment may hinder the price in the near term.
NASDAQ:HOOD
Hood: Looks like a buy to meAnalysis is based primarily on Fibonacci levels, Wyckoff method, and market cycle psychology. I did a cursory check using Elliott Wave and, IMHO, I saw enough to corroboration with everything else to increase the warm and fuzzy feeling I get when thinking about how much $$ I’ve sunk into Hood below $10 price. However, I didn’t spend enough time on the EW to warrant showing it in the chart.
Red region: Previous market cycle except for depression area.
Teal region: Depression area of market cycle and Wyckoff Accumulation.
Descending Parallel lines: Made these to make the shape of the Accumulation phase in this chart easier for viewers to compare with the textbook shape of Accumulation.
Price action appears to be following a descending parallel Fib channel. I cloned the channel and placed the start of the 2nd channel at the point where I think Accumulation ended. However, theoretically, until price confirms a break above the descending parallel lines, it remains possible for price to plummet to the bottom of the descending parallel line channel. I find this highly unlikely but, hey, I don’t control the markets.
The reason for stacking the fib channels involves a synthesis of EW theory and market cycle psychology. It’s possible that the rally to $85 was part of a Wave 1 and that a Wave 2 ended somewhere in the red or teal regions.
For ppl who care about EW.
The majority of the time when applying EW, if EW is valid then Wave 3 tends to be between 1.6x to 2.6x the length of Wave 1. Wave 3 begins at the end of Wave 2. In the chart, a Wave 2 could have ended in the first Fib channel just above the .618 level, near the lowest price seen in chart) or the 1 fib level, at the end of the teal region where I think Accumulation likely ended. Therefore, if EW is valid, then a Wave 3 would likely end between the 1.236 and 2.382 levels of the 2nd fib channel.
HOOD 20 % drop - Head and Shoulders On 18 of July 2022 the price managed to broke out above the downsloping resistance line and since then we saw some upside.
- Now the price is forming the Head and Shoulders pattern.
- We expect the formation to break down in the next days. However it may take a few days to form the right shoulder which may be a little bit extended.
-The target would be at 7 $ which would be a result of a 20 % drop.
After that we expect the price to create a higher low.
- If the price breaks below previous all time low, new lows are coming.
Good luck
HOOD: TRENDSI ATS BULLISH CONFIRMATIONTicker Symbol: $HOOD
️Timeframe: 4H
️HOLDING 200SMA ON 4HR AND 50SMA ON DAILY
️Investment Strategy: LONG
TECHNICAL ANALYSIS:
TRENDSI ATS MONEY MOVEMENT SHIFTING UP : BULLISH
RSI AND STOCHASTIC BOTH SHOWING BULLISH MOVEMENT.
CONFIRMATION I AM WAITING: TRENDSI ATS GREEN LINE WITH GREEN DOT
Follow for daily stock, crypto and forex technical analysis.
Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
$70 Price Target on HOOD by JAN 2024 if Robinhood is able to be profitable in 2023- Investors will come in - Buying the Jan 2024 60 Call at ask and selling the 70 strike against it would be a $10 debit with a possible $990 max profit at expiration if I'm right. $100 risk owning 10 spreads could be worth $9.9k at expiration (Jan 2024) - $1k risk -> $99K. Anything is possible
HOODRobinhood shares slumped after a judge ruled that the company must face U.S. market manipulation claims over the ‘meme stock’ rally. Additionally, the SEC is investigating hedge fund Melvin Capital Management, which was heavily involved and affected by the ‘meme stock’ saga last year. 📉 11/08/2022 By "StockTwits"
ROBINHOOD (HOOD) LONG!!!!We are coming down into the 4th wave correction to our green region, which where we will then see a push-up to higher highs. Targeting near $13
Bottom fishing with AnimocaTA notes:
+ Weekly basis: prev. week bullish hammer, reversal candlestick
+ Daily: Dealing range reclaimed
2 Ways to trade:
a. at BOS
b. on further consolidation at a discount
buy hood @ $9.00 Target @$20 Dec 14, 2022Robinhood Markets, Inc
Technical Analysis
1. Break below support @ $10.00
2. Anchor support @ $6.79
3. Minin Bullrun resistance @ $11.35
4. Awaits pull back dip to $9/$8
5. Ideal Buy entry $9/8/$7 cost averaging
6. Target @ $20 Dec 14, 2022
Fundamental Descriptions:
Robinhood has commission-free investing, and tools to help shape your financial future. Sign up and get your first stock free. Limitations and fees
Robinhood means Robinhood Markets, Inc. and its in-application and web experiences with its family of wholly-owned subsidiaries.
Brokerage services are offered through Robinhood Financial LLC, a registered broker dealer with clearing services through
Robinhood Securities, LLC, a registered broker dealer. Cryptocurrency services are offered through Robinhood Crypto, LLC.
The Robinhood Money spending account is offered through Robinhood Money, LLC, a licensed money transmitter.
Company Website: www.robinhood.com
(For Speculation purposes only)
HOOD 7/10/2022HOOD
Daily chart analysis
Nothing under the HOOD
HOOD has been getting smashed for some time and I can’t imagine any bulls going long here.
It is current in an obvious downtrend with the 50ema acting as the Dynamic Resistance.
After hitting low of 6.85, price bounced to the 9.30s where it found resistance from the 50 ema
At the 50ema Dynamic Resistance, price was shot back down but found support at 8.06.
Price bounced from support but ran into 50 ema resistance and failed to make a higher high.
Price has now formed a “M” Top pattern at 50ema dynamic resistance.
High probability short trade = Bearish pattern + existing downtrend
Entering trade short
Entry: 8.34
Stoploss: 9.42 (12.95%)
Target: 6.85, +17.87%, 1.38RR ratio
Long HOODExpecting a continuation in Uptrend after price breakout from Downtrend Line.
Entry : $10.55
Target : $14.00
Stop Loss : $8.90
HOOD | Is This Stock Accumulating Bullish Volume?Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park,
California, that facilitates commission-free trades of stocks, exchange-traded funds
and cryptocurrencies via a mobile app introduced in March 2015
This company was grown very fast during Covid-19 as many traders joined the market as a way
of spending the free time and making extra money:)
however HOOD is a very good stong and actually it is accumulating a lot of bullish volume as it seems.
The Contracting triangle on the daily chart is showing this bullish opportunity.
Targets:
🎯 10.94
🎯 12.32
Thank you and Good Luck!
HOOD Robinhood Markets Options Ahead Of EarningsLooking at the HOOD Robinhood Markets options chain, i would buy the $10 calls with
2022-8-19 expiration date for about
$0.39 premium.
Looking forward to read your opinion about it.
