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Robinhood Markets Inc.(HOOD:NASDAQ) Elliott Wave Technical Analysis 31 July 23


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Robinhood Markets Inc., Elliott Wave Technical Analysis
Robinhood Markets Inc.,(HOOD:NASDAQ): Daily Chart 31 July 23
HOOD Stock Market Analysis: We are looking for an extension higher into wave {iii} within a wave C of higher degree which target stands at 16$. Looking for additional upside as longs as the pullbacks look corrective in nature.  
HOOD Elliott Wave Count: Wave (v) of {iii}.
HOOD Technical Indicators: Above all averages.
HOOD Trading Strategy: Looking for continuation higher into wave (v).  
TradingLounge Analyst: Alessio Barretta
 
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Robinhood Markets Inc., HOOD: 1-hour Chart 32 July 23
Robinhood Markets Inc., Elliott Wave Technical Analysis
HOOD Stock Market Analysis: A wave (iv) which looks like a clear three wave move, therefore corrective in nature, and it alternates with a sharp wave (ii). Looking for wave (v) target equality of (i) vs. (v) at 14$.
HOOD Elliott Wave count:  Wave i of (v)
HOOD Technical Indicators: 20EMa as support.  
HOOD Trading Strategy: Looking for upside into wave (v) with invalidation at 12$.
 
HOOD_1H.png.a2668755f0f04187c5fd97dda7ce16b2.png
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