So 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.
Marcus M
2025-04-01 23:17:30 +0000 UTCsahilpreet Singh
2025-04-01 15:40:45 +0000 UTCTaylor D
2025-04-01 15:40:07 +0000 UTC