HOOD

๐Ÿ“ˆ Robinhood’s stock has shown strong upward momentum, with a 20.13% increase last week and a further 6.17% this week.

โœ… The stock is exhibiting a ‘follow-through’ pattern, indicating continued positive sentiment.

๐Ÿš€ The presenter highlights that the stock’s performance aligns with their investment strategy, focusing on good fundamentals and strong technicals.

๐Ÿ’ฐ The stock has gained over 16.1% in less than two weeks, demonstrating a promising start to a potential trend.

@VisionariosBolsa:
“We have Robinhood Markets, a stock we entered last week. We already mentioned that it had a very good breakout last week, up 20.13%, and this week, as we asked for in the past weekly report, we see that follow-through week, up 6.17% this week. Super good performance, a little less volume than the previous week, but the behavior is perfect. Notice how I already told you that we were coming with that little flag in which we are compressing ranges. The 10-week average appears, the support is perfect, and after having that breakout, the behavior is perfect from day one, from week one. We are already gaining more than 16.1% approximately in less than two weeks. Therefore, just what we are always looking for in the portfolio stocks, that not only have a good idea, that not only have good fundamentals, that not only present good technicals, but from there we have to see the beginning of trends, which is what we are seeing in Hood, and therefore a very good position, one of the best stocks we have entered in this month that we have been in the year. So let’s hope it can continue to be a stock that can have continuation and continues to do very well because I say this is just beginning.”

Watch the exact part of the video where Visionarios Bolsa talks about Robinhood here:

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Read more articles by the world’s top 100 analysts on Robinhood (HOOD) at the following link. HOOD stock.