Analysis of HOOD for 7/8

356
HOOD has been doing some interesting things lately, and unfortunately its starting to look weak but also prime for a bounce if market is bullish! Below I have charted out what I believe is the key levels it wants to move towards dependent on market conditions. If VPVR is given up I believe next stop is 13.30, which could bring another rally, orrrr just continue to sell off. Other scenarios in bullish market are a run and stop at 14.50, before then struggling and falling, completing the head and shoulders and most certainly bringing 13.30. Unless it can rally past 14.50, 15.20 and continue on its recovery.

All around plenty of movement if the volume is there.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.