Stocks - Robinhood IPO will dump marketsIdea for Stocks:
Remember Coinbase IPO and Bitcoin?
This is probably the queue to complete distribution.
That is all.
GLHF
- DPT
1HOOD trade ideas
HOODAnyone playing hood yet? Still going to take some time to set it’s self up. I find it fun to run charts on 5-15m time frames due to the minimal chart price action. Looks like today it made a descending triangle which has a target exactly to first low. I would expect buyers to step in there however no way to know otherwise seeing there isn’t any confluence below that. If it turned around and broke 36$ it would be heading up to test high of the day at 40$ but looks bearish for now while the market decides the true value of it for now and buyers step in
HOOD is going down but recoveringNASDAQ:HOOD
Well, I decided to skip this IPO. Probably good for a long term investment.
If Robinhood will enhance the number of cryptos and add IRA accounts + no restrictions for retail ivestors I'll consider of buying. But now it's too shady.
