Uptrend set to continue

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HOOD Uptrend remain intact and is set to continue higher after the stock has broken out of the downtrend corrective channel/bullish flag. In this retrospect, the stock is looking at a terminal end to the corrective 3-wave move.

Long-term MACD is looking at a return of a long-term upside momentum after histogram turned positive. Stochastic oscillator confirms its oversold signal and 23-period ROC is back above the zero line. Elsewhere, volume is in a healthy expansion!

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