Robinhood Markets, Inc. (HOOD) stock is trading around $111.73, down approximately 0.75% on the day amid a mix of significant network metric releases, corporate feuds over stock tokenization, and positive analyst updates. Robinhood reported strong numbers for August, reaching 28.6 million funded customers and $384 billion in total platform assets.
Technical View:
HOOD is set in upward motion. The stock continues to scale on a bullish momentum with higher highs and lows, in respect to the framework. Price is approaching the trend support line, as we look forward to a long retracement.
Key Outline:
A clear pullback within $110-$111, activates a buy position eyeing $130, as next potential high.
Thanks for reading.
Technical View:
HOOD is set in upward motion. The stock continues to scale on a bullish momentum with higher highs and lows, in respect to the framework. Price is approaching the trend support line, as we look forward to a long retracement.
Key Outline:
A clear pullback within $110-$111, activates a buy position eyeing $130, as next potential high.
Thanks for reading.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.