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

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.