Robinhood (HOOD) has broken out of a strong inverse head and shoulders pattern and cleared the Ichimoku Cloud, confirming a bullish trend shift. Both price structure and trend indicators support continuation.
Trade Setup:
Entry: $52.50
Stop Loss: $49
Target: $80
Risk–Reward: ~1:7.8
With volume picking up and bullish technical confluence, this breakout could trigger a move toward the $80 level — a major psychological and structural target.
#HOOD #IchimokuBreakout #InverseHeadAndShoulders #TrendReversal #BullishMomentum #SwingTrade
HOOD
Trade Setup:
Entry: $52.50
Stop Loss: $49
Target: $80
Risk–Reward: ~1:7.8
With volume picking up and bullish technical confluence, this breakout could trigger a move toward the $80 level — a major psychological and structural target.
#HOOD #IchimokuBreakout #InverseHeadAndShoulders #TrendReversal #BullishMomentum #SwingTrade
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