Robinhoodpage 4

Platform · HOOD · 768 articles
Share

Coverage, page 4

page 4 of 39

HOOD: Ascending Channel

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.

TITradingView Ideas15 Sept