HOOD shows a classic cup and handle pattern with a breakout above a three-month high and a bounce off the 50-day MA, making it a practical long-term uptrend candidate.

Among them are Robinhood Markets. I believe this stock is the highest-rated in the financial sector, ranking approximately 96th, which is an excellent rating.

From a technical standpoint, out of the 12 charts I am presenting to you today, I consider one of the most practical options to be... and by "practical options" I mean the existence of a long-term uptrend such as MPC.

Not necessarily like today, where he shows me a new breakthrough or a new signal. It's simply a good upward trend.

But stocks like Robinhood are considered more practical, aren't they? Perhaps it has just begun to break out of the oscillation pattern. I think that's what we're seeing here.

I would say that the Robin Hood scheme shows a classic pattern known as the cup and handle pattern.

Ideally, this would be a very stable resistance level. It would be better if it were at the 120 level, as it was here, but I will leave a little room for change and suggest that at this point, we have started to break through a new three-month high.

Robinhood caught my attention in the first week of September when it surpassed its July peak, and from then on I began to follow the chart closely.

Since then, the price has fallen back to the 50-day moving average, and then has risen again. Therefore, I consider this a good shift, and the larger shift towards a new assembly phase is noteworthy.

The likelihood of a cup and handle pattern emerging, a bounce off the 50-day moving average, strong momentum, and improved relative strength all make it worth watching.