HOOD trade ideas
HOODVolume is increasing but price is not moving, indicators don't show a bull trend yet but its going to give us a surprise any moment, maybe close to the Enring we will see big movements.
i am moving the money to FB Paypal SQ and SOXL
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!
Roinhood Reversal/Buying OpportunityNow may be a good time to get into Robinhood stock:
1. It went down almost 90% from ATHs.
2. Today had a bullish engulfing daily candle.
3. One of the highest volume since IPO.
4. RSI and MACD oversold with positive divergences on both.
Fib levels show potential price targets.
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 fib levelsHOOD has returned negative value for investors and people piling on these meme stocks are suffering.
FIB level may hold at 11, today is the ER its either break or make for HOOD.
Buy $HOOD - NRPicks 07 JanRobinhood Markets, Inc. operates a 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.
RobinhoodHello,
i think Robinhood is a "Buy" soon from a technical view and also from a fundamental view.
This is a longterm (5-10years) play without using leverage.
I came up with this FIB as its one of my only ways to figure out price discovery (lol).
I propably advice to buy in steps soon and/or make your own TA as idk if this fib makes sense and will play out.
Now to the Fundamentals:
Retail historically often bought Market Tops (1929 / 2000).
And i think this will happen again in the coming Years.
Slowly retail trading interest will rise to the level of absolute euphoria before a market crash (arround 2030 is my guess).
And where will retail buy the Tops? Right. On Neo Brokers like Robinhood.
After an overpriced IPO Robinhood prices now enter potential undervalued Prices.
Sorry for being a little cynical, im a retail trader myself, so no offence intended :P
DYOR and please leave a like if you liked this :)
HOOD 2H Wolfe Wave Bullish 1/18A 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 not looking that goodWould assume we will see a continuation of the sell-off. Currently, the lowest Volume-Shelf provides a bit of support - below that the Price will go lower and lower
Hood Still entering accumulationThis is an update from the chart uploaded yesterday, the purple lines are dead trends that I hope will come into play later in the future. other then that, I've added some levels only because I'm in some calls for two weeks out so I'll be looking for those certain levels to sell my personal options. Of course, not financial advice.
Hood - Best opportunity everDear Traders and Followers,
HOOD is a big opportunity outside leverage. the daily is oversold, constant accumulation can be seen in the volume, and far away from MA21 in weekly (around 30).
Huge bullish RSI convergence can be seen in the daily chart.
I bought calls with exp Jan 2022, strike 15, and accumulating stocks.
The bottom of this stock is unknown, so leverage is not adviced, and this is a long term investment, HOOD can rise any time in this year or next year with their expansion plan to UK and adding Crypto wallet (planned for this year).
Let me know your thoughts in the comment section :)
Trade carefully and on your own risk.
Good luck for everyone.
Samy
HOOD, looking for the bottom on this one too.The market took my money on this one. Got stopped out on this crazy down move around 17.50, with the bottom around 17. Still need to learn to reverse it and put in orders where I put in stops.
Anyway the plan for now is to wait and see. There's probably a lot of overhead supply. Nonetheless notice the bullish divergence here.
Who doesn't want to own Robinhood? Knowing how bad the UI on most brokerages, these guys are disruptors for sure. I don't agree with all of Cathie's stock picks but this is a winner.
Robinhood, 6 Jan. Will this ever go up? Yes, it will.Robinhood has been waterfalling down -70% since August. During the entire lifetime of the stock the Stochastic has been overbought only ONCE. The chart looks absolutely depressing, so let’s take a look if we should help and buy.
Geometry:
Price appears to approach the lower boundary of the channel. Currently the .5 fib provides support.
Elliott:
The stock only has one wave, which is DOWN. We are able to count a completing 5-wave move.
Oscillators:
The RSI surprisingly shows a bullish divergence. The Stochastic is due to move up, basically because it has never been up.
How to trade it:
The lower boundary of the channel provides a good risk-reward ratio to open a reckless long. If the stock ever climbs above the median to make a higher high, the idea is to increase long exposure. The idea is invalidated if HOOD continues to drop below 11.5.
There is a very strong support at $0.
Long on hood opened position todayI set a stop loss in the picture, but in my investing I do not use a stop loss, I just add more if it goes lower and my conviction remains.
This looks like capitulation to me, it is a very premature buy by most standards, I love catching falling knives. The RSI shows that preliminary support was much higher, and as it trends up while making lower lows in price I feel comfortable buying, that plus this giant falling wedge which just broke.
HOOD Bottominteresting its seems to be the buttom... we will keep eyes on this hyper disruptive stonk
$HOOD potential bottom (1/5)Conviction: 1/5
early trade: no confirmation of bottom yet
General Thesis
daily RSI showing bullish divergence, bouncing up from oversold levels
Value
P/S at historical lows although high compared to rest of market
Potential Risks
history is very short
Bullish DivergencesDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an RSI, or is moving contrary to other data. ... It occurs when the price is moving lower but a technical indicator is moving higher or showing bullish signals.
