DoujinStars
The Long Investor
The Long Investor

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$HOOD

Textbook movement here so far, a hold on the 50 Day MA with the assistance of the 0.38 Fib at $43.95 and now bouncing up to our Wave B range and coming within touching distance of this range in the PM now.

Again, another sweet spot where in spite of us seeing an ABC correction here, Wave B and therefore a bounce was due and this allows people to gain for the bounce but also offer people an opportunity to trim if there is a rejection in the Wave B range as shown.

There is not a single change to this chart and very happy with the Impulse Wave up and a potential Corrective Wave now....if momentum continues above the Wave B range then a run to $75 with the market can happen.

$HOOD

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