$HOOD
Added 2024-02-01 20:49:02 +0000 UTCMany people are bullish on $HOOD but lets be clear, it has been consolidating within this blue line range for 2 years now.
I believe it is only bullish once it clearly breaks out above the $12 level and holds, it has had two fake break outs here in the last 12 months which is why I have not been bullish on this ticker.
First things first, the price action needs to hold the white fibs I have added here and stay above the 200 Day MA....a hold here and bulls can start to get excited.....but waiting until the price goes above $12 and holds is a safer option in my opinion.
