Has Robinhood (HOOD) Stock made a bottom?

31 Jan 2022

Maybe. Robinhood stock (HOOD) could have setup a bottom on the last earnings. The stock has been rallying today but the foundation for why this could be a bottom still presents a good reward risk trade. In this video I talk about the potential trading setup, why I like the potential, where it goes wrong and you need to stop out, and use HOOD as a teachable moment for why bagholding is a terrible strategy. "The stock can't go lower..." ranks among the most deadly sayings in trading and investing!