
$HOOD, the stock of Robinhood Markets, has shown notable strength recently, returning to its 100-day moving average and surpassing its Wednesday high. Analysts have identified a potential 'Falling Wedge Breakout' pattern, indicating a positive outlook for the stock. One investor reported acquiring shares between $33 and $34, with a target price of $49 for selling portions of their holdings. Another trader noted that the stock has reached a target of $45, leading to significant gains on call options priced at $2, which have now increased to $10. Additionally, the stock is currently above its 10, 21, and 100-day moving averages, with the 50-day moving average positioned just overhead.
$HOOD back over 10/21/100ma's. 50ma just overhead. None in trade account but do own some in another account at lower prices. https://t.co/rDQId5lGAh
$HOOD 45 target has been attained. The $35 calls I gave at $2 are now like $10! Other furu charge $300 for this info. I give for free (free to join). https://t.co/KNqQEehQkY
$HOOD coming on the 50 day. Will trim some today. https://t.co/u3rzltTfoB

