Live monitoring of the Ascending Triangle setup on HOOD. See where price is heading.
Bullish continuation pattern.
Technical analysis of Robinhood Markets (HOOD) reveals a significant setup. The stock is trading at $108.15, up 2.8% on the day. Algorithmically, a Ascending Triangle structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $110.73, targeting $148.28 with support near $78.93 (R:R 1.18).
What is your outlook on HOOD?