SamSuka
The Long Investor
The Long Investor

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$HOOD

$HOOD reports after the close today and it has run very strong towards these earnings which is a concern, as a possible buy the rumour, sell the news event.

I suspect many people have been expecting a strong earnings, very similar to what we are seeing with $HIMS too.

The normal Wave 5 level is at the 2.618 fib and that is at $58.76 and it has not been hit yet

Extending beyond this level or holding above this level and the 3.618 Fib is the next target at $75

if there are any concerns or misses from this report and many may take profits and pull this down, so I have added in the Amber fib support levels.

The 200 Day MA is moving up to the 0.5 Fib now at $31, this would be an area of interest then to add.

$HOOD

Comments

FIRE earnings!!

Kapil Pandey

How about those earnings

TommyJR


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