“Robinhood Markets (HOOD) Multiple Time Frame Cycle & Chart Analysis”
HOOD presents a strong technical setup with relative strength and favorable price action near the 200-day MA.
The name was showing considerable relative strength as he entered this move here. It has become narrower relative to the 200-day moving average, hasn't it? This resulted in a really nice linear movement .
Without pressure. That 's the best, of course. But that's at least what I'm looking for.
So, this is a great setup in "Hood" now, within range.