cup and handle pattern may be forming on the weekly chart HOOD

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"Potential Cup and Handle Pattern on HOOD
A cup and handle pattern may be forming on the weekly chart of HOOD. The cup formation can be seen from August 2024 to February 2025, with a high point of around $55.00 and a low point of around $14.00. The handle formation started in late February 2025 and is currently ongoing.
Key levels to watch:
Resistance: $50.00
Support: $39.00
A breakout above the resistance level could confirm the pattern, potentially leading to a bullish trend. Keep a close eye on this stock! Weekly Daily and Monthly all look good.
#HOOD #cupandhandle #stockmarket #trading"

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