HOOD - BULL FLAG BREAKOUT
As of the middle of February HOOD broke out from a 2 year long Trading Channel and immediately began to form a 3 month long BULL FLAG Formation that as of this past Friday February 17th it broke out from closing at $20.09 for an increase of $2.19 or 12.23%. Their recent quarterly Financials were also very good for the 5th quarter in a row with the Earnings Report significantly improved at +211.02% as well as their revenues up $618 million or 11.91%. The price target as I have shown on the chart is $29.29 or approximately 25% from the current price.
Note
Here's the Closeup Note
Here's a Monthly Look at the Chart.
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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.