Robinhood price collects profits - Forecast today - 02-04-2024

Economies.com
2024-04-02 14:18PM UTC

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 

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