We are seeing a lot of resistance at the 1.618 Fib now this week which is as standard as you get for a Wave 3 and $HOOD is no exception
Just like the $IWM and $UAL charts I uploaded, a pull back here for Wave 4 between $35 - $31 would be ideal here and offer a great opportunity to add to catch Wave 5 to $58.
I will watch this closely and update accordingly.