The Long Investor
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$HOOD
🕑 Added 2025-03-24 11:38:54 +0000 UTCReally nice chart here from $HOOD, the ABC pull back finished nicely on the 0.5 Fib and held support at $36.
Since then there has been the start of a new impulse wave, with a series of higher highs and higher lows and moving in 5 counts so far.
Wave 5 looks to complete at the 50 Day MA and the 2.618 Fib at $47, after which we expect an ABC pull back, we need to see a higher low here next, once this is achieved then we can expect $HOOD to move higher again and even move up to the top blue line at $66 again.
Once Wave 5 competes I can add in the pull back levels.
Comments
TommyJR
On the timeframes hes talking I think yes
Zoheb Khan
has waved five completed yet
