Robinhood 
HOOD has successfully completed the corrective Wave (4) phase on the daily chart and is now initiating the powerful final movement of the bullish cycle, Wave (5).
This critical initiation of the fifth wave projects the price beyond the Wave (3) high of $153. The initial key Fibonacci extension targets to watch are the 0.618 extension near $178 and the 0.786 extension near $199.
A move toward the 1.0 extension at $226 would signal a powerful extension of Wave (5). Sustained momentum above the key support zone confirms the start of this next leg.
HOOD has successfully completed the corrective Wave (4) phase on the daily chart and is now initiating the powerful final movement of the bullish cycle, Wave (5).This critical initiation of the fifth wave projects the price beyond the Wave (3) high of $153. The initial key Fibonacci extension targets to watch are the 0.618 extension near $178 and the 0.786 extension near $199.
A move toward the 1.0 extension at $226 would signal a powerful extension of Wave (5). Sustained momentum above the key support zone confirms the start of this next leg.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.