HOOD breaking above Oct 2025 trend line suggests bullish momentum toward $120 resistance, contingent on successful retest of the trend line for support.
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Okay. B I AF. I also did was just taking a look here. It looks like Robin Hood is up. I didn't see any news for this, but it's up 5% 6% now.
Did they have uh earnings? I thought they had earnings like uh this week. Maybe I'm wrong about that. Oh, Wednesday. Oh, no. That's a director selling. That's not a whole lot. They're going to present at the Goldman Sachs Communications and Technology Conference on September 9th.
So, same day as the same day as football starts, same day as the Apple that is September 9th is going to be a big day.
So, that is about to open over a a big trend line that goes back to uh the October 2025 highs. Um >> that's Yep. It's going to be on my bigger chart. Let me uh just pull it up here. 13 cuz I'm I'm almost certain I added this.
Yep, sure did. Here you go. >> So, we're snapping that today. >> Yes, we are. This and you are absolutely right. This originates back in October of 2025. >> Yeah. So, this is this is pretty significant.
Maybe we'll see a move up to 120. Maybe that's where I would be uh expecting the price to go u if we if we get more upside out of the gate here with this move over the trend line.
Uh, so I think we do find resistance up for 120. If that happens and it comes back into back test this trend line and get that support, I think we're in business here.
Um okay. Uh Bigabes Hood 120 smacked 122. Um did was this a trade for you? Bigabes. Was this an upside trade for you? Are you are you looking for this to come back in? I can't remember where you're at with this.
I'm sorry I don't have enough context on that comment.
Um, smacked at 122 was hood. Let me look at HUD here real quick cuz we did, you know, I thought that the uh that move over the uh the trend line was was a big deal. Uh now we're coming up to some of the resistance from July.
So if uh it may just, you know, spend another day or so trying to uh push through that 120 area and and you know, falter, come back in toward that trend line looking for support.
That's that's a total guess here, but nice to see that this is finally trading over that trend line.
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