Thursday, November 3, 2022

Robinhood Channel Breakout

Robinhood the investor app has held up very well during this downturn in the market. It broke out of a channel and retested and held. It might be a good target for a bigger broker to buy because they have the younger market and the app technology is good. The only bad thing about it is the brand credibility which would be erroded after it was taken over. Just a scenario.
robinhood chart

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