Get started
UnknownUnicorn1935796

$HOOD Fibonacci, Bull Flag, Trend line Retouch, now we go up?

Long
Robinhood Markets, Inc. (NASDAQ:HOOD)  
UnknownUnicorn1935796  
NASDAQ:HOOD   Robinhood Markets, Inc.
Trend Analysis Technical Indicators HOOD robinhood Bullish Flag FLAG fiblevels Trend Line Break
7
0
trendanalysis indicator hood robinhood bullishflag flag fiblevels trendlinebreak
This chart is similar to the chart for WISH, in my opinion. Similar, yet holds a few critical differences- primarily, the trend line placement & consolidation since March 29th. It looks to me like the price consolidated in this wedge, is being held up, formed a bull flag, came back down to touch it, & in doing so has consolidated further on the fib levels of a fibonacci pattern, & is due to move upward.

Unless, of course, there's a whole lot more sideways action.. As we see with WISH.

*Not trading advice.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.