Live monitoring of the Rounding Bottom setup on HOOD. See where price is heading.
Gradual reversal from bearish to bullish.
HOOD is showing interesting structural developments at $79.09. Price has moved to $79.09 (10.35%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $84.75, targeting $105.99 with support near $74.13 (R:R 2.0).
What is your outlook on HOOD?