The Long Investor
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$HOOD
🕑 Added 2025-02-28 20:54:29 +0000 UTCVery nice test and bounce on the 0.38 Fib for what I believe is Wave A complete.
This is also what I would expect from $PLTR right now after its own test of its 0.38 Fib today at $79 and bouncing.
A bounce here to the Wave B range would allow those who were caught off guard with this harsh pull back an opportunity to trim before the next leg down for Wave C.
I really like how the 200 Day MA is also moving up to the 0.5 Fib at $36 which is where I have set Wave C for this summer.
Comments
MK
It’s going to be a long wait to $36 but oh so worth it!
Jorge Cardenas
Yes after the abc correction. It’s already hit wave 5.
Bobby
Sorry for confusion but you believe Robinhood will go down to $36 area?
DiegoTheSabre17
when able, could you do a long term projection on this?
