Robinhood Markets Watchlist

Robinhood Markets: Is the Chart Breakout Coming now? Six Aspects in Favor of the Stock!

J. Meyer
Reading Time: 2 minutes

The stock of Robinhood (HOOD) is in our US model portfolio, and we are convinced by the story. A new pro-cyclical long signal is imminent with a breakout above the resistance line formed since February. The following points support this: Robinhood is establishing a subscription model in the banking sector with its Gold members who pay $5/month or $50/year. This is unique. They reportedly have over 3.2 million members. The incentive to earn up to 4% return on cash, along with access to powerful tools and data, will continue to drive high demand....

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In