The Long Investor
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$HOOD
🕑 Added 2025-04-01 15:35:42 +0000 UTCSo far support has been found between the 0.618 - 0.78 and bouncing very well after finding a higher low support level.
I would like to see the price action hold above the 50 and 200 MA on the 1hr chart at $45 to confirm a reversal here.
If this can be done then I would expect a move back up to the blue line again at $66.
Remember, $HOOD can benefit from a bull and bear market due to the amount of buying and selling activity.
They also continue to expand their TAM either which I think is bullish.
Comments
Marcus M
be greedy for support! only one wave down on the daily and not a cheap valuation.
sahilpreet Singh
Great long term hold
Taylor D
Curious, why not on the Watchlist given the bullish setup, or am I misinterpreting the commentary?
