$HOOD - WATCHLIST -
Added 2025-04-23 11:18:58 +0000 UTCUp +8% now and testing the 50 Day MA at $45.60 now in the PM.
A break and hold above this level and there is very little in the way of making a new higher high above $66.
The ABC pull back this month was standard to the 0.618 Fib and did not seem under any pressure.
Price also held on the 200 Day MA and the blue support support line at $33 too.
If that was Primary Wave 2 complete at $29, then the Primary Wave 3 target is at $127.
Comments
Punched right through the 50 DMA. Do we need to see a retest at $46 for a confirmation of impulse wave? Or simply any higher low will do?
Chris H
2025-04-27 01:21:30 +0000 UTCWhy don’t you have a position on hood if it’s going to 127$
Nadim
2025-04-23 12:26:36 +0000 UTC
