$HOOD
Added 2024-05-13 22:18:50 +0000 UTC$HOOD has tested its 0.38 Fib level at $16.60 8 times now and has held but we need to see a higher high and higher low next to confirm that it is trending to the upside next, otherwise it is just consolidating along this level and a failure to move higher means it is at risk of losing this support level.
$HOOD was also part of the meme stock craze and ran to $84 when it IPO'd and now sits under $16.
In the short term, if bulls can convert the 50 Day MA to support just slightly above at $17.80, then this would be strong progress.
