Robinhood IPO'd during a period of dovish monetary policy and high retail speculation. It shortly after giga-nuked as retail speculation wrapped up to find a bottoming range between $6-$12 for a period of 2 years. The volume shelves are actually insane.
Whats next?
Robinhood has broken out in orderly fashion, but has not seen a parabolic rise yet.
A old narrative will likely drive Robinhood into price discovery - Speculation on the return of speculation.
These trends play out faster each macro cycle.
Jun 21 17C
Whats next?
Robinhood has broken out in orderly fashion, but has not seen a parabolic rise yet.
A old narrative will likely drive Robinhood into price discovery - Speculation on the return of speculation.
These trends play out faster each macro cycle.
Jun 21 17C