TheFriendlyTrader

Roinhood Reversal/Buying Opportunity

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NASDAQ:HOOD   Robinhood Markets, Inc.
Now may be a good time to get into Robinhood stock:

1. It went down almost 90% from ATHs.
2. Today had a bullish engulfing daily candle.
3. One of the highest volume since IPO.
4. RSI and MACD oversold with positive divergences on both.

Fib levels show potential price targets.

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