Honestly, I don’t really understand this move, so I’ll just lay out the data and we can figure it out together. Robinhood $HOOD is trading at 77.08, down 6.19% for the day and just a step away from its 24-hour low of 76.72.
It’s slid all the way down from 82.23, and U.S. stocks have been falling hard too. Put simply: this isn’t just a Robinhood problem, and it’s not the only stock in the U.S. market that’s down. For holders, the hardest part right now is not knowing where this slide will stop.
I’m inclined to sit tight for now, since 76.72 is right in front of us—if it breaks, it breaks. But if it climbs back above 82.23, I’ll change my mind immediately; that would mean the bears have run out of steam.
Robinhood is down 6.19% for the day. Do you think tonight’s moves in U.S. stocks will spill over into crypto?
$HOOD
#美股 #MarketAnalysis
It’s slid all the way down from 82.23, and U.S. stocks have been falling hard too. Put simply: this isn’t just a Robinhood problem, and it’s not the only stock in the U.S. market that’s down. For holders, the hardest part right now is not knowing where this slide will stop.
I’m inclined to sit tight for now, since 76.72 is right in front of us—if it breaks, it breaks. But if it climbs back above 82.23, I’ll change my mind immediately; that would mean the bears have run out of steam.
Robinhood is down 6.19% for the day. Do you think tonight’s moves in U.S. stocks will spill over into crypto?
$HOOD
#美股 #MarketAnalysis