Trading Strategies For Robinhood Stock Before And After Q4 Earnings - Robinhood Markets (NASDAQ:HOOD)
HOODRobinhood(HOOD) Benzinga·2024-02-14 03:45

Robinhood Markets, Inc HOOD was trading slightly lower Tuesday as the company heads into its fourth-quarter earnings print after the close. When Robinhood printed mixed third-quarter results on Nov. 7, the stock plunged almost 14% lower the following day before bottoming out at 7.92markonNov.9andNov.16.ThesubsequentbounceupoffthatlevelcausedRobinhoodtoformabullishdoublebottompattern,whichcausedthestocktosoar707.92 mark on Nov. 9 and Nov. 16. The subsequent bounce up off that level caused Robinhood to form a bullish double bottom pattern, which caused the stock to soar 70% between Nov. 16 and Dec. 27, where Robinhood peaked at 13.51. For ...