Robinhood Markets’ stock price (HOOD) fell in the intraday levels, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, as the stock collects recent profits while gathering momentum to rise anew. 

 

Therefore we expect the stock to return higher, targeting the resistance of $21.75, provided the support of $18.25 holds on.

 

Trend forecast: Likely Bullish