Robinhood - This is still not the end!

Aug 18

🏹Robinhood (HOOD) is not done yet:

🔎Analysis summary:

After creating a quadruple bottom formation back in 2023, Robinhood managed to rally an incredible +1.400%. It seems to be obvious that Robinhood has to correct soon, but that's not how markets work. Momentum tends to continue for much longer so Robinhood will just rally more.

📝Levels to watch:

$150

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Aug 26

Trade active

🏹Robinhood (HOOD) still remains bullish:

🔎Analysis summary:

Yes, over the past couple of days we have just been witnessing a lot of back and forth on Robinhood. However, the path of least resistance clearly remains higher, with new all time highs following. Patience is key within this very strong uptrend.

📝Levels to watch:

$150

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Sep 2

Trade closed: target reached

🏹Robinhood (HOOD) nicely moves higher:

🔎Analysis summary:

Despite the entire stock market weakening lately, Robinhood is still holding its strong bullish momentum. Eventually, we will witness a correction but until then, the past of least resistance is clearly much higher. Robinhood remains bullish.

📝Levels to watch:

$150

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION