SamSuka
The Long Investor
The Long Investor

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$HOOD

$HOOD has done some sideways movement since the end of May and still holding above the 2 Fib at $21

My concern with this set up now is that we can see 5 almost perfect waves up as part of an impulse wave.....as textbook as you will get and there may be a test of the 2.618 Fib at $24.87 but I could not enter a position in this current set up, I would need to see an ABC correction before considering starting a position.

$HOOD at $16 or below is attractive to me.

$HOOD

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