Robinhood (HOOD) โ€“ Consolidation After Strong Run

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Robinhood (HOOD) โ€“ Consolidation After Strong RunRobinhood Markets, Inc.BATS:HOODRichtv_official๐Ÿ” Fundamental Highlights: Cathie Woodโ€™s ARK Invest recently bought 124,427 shares of Robinhood HOOD , valued at approx. $15.4M, reinforcing her bullish stance despite recent market volatility. This move aligns with ARK's broader rotation into crypto-adjacent and disruptive finance plays โ€” including names like Coinbase, BitMine, and Circle. This kind of conviction buying often precedes major inflection points. ๐Ÿ“‰ Technical Setup: After a strong rally, HOOD is now consolidating. Price action is tightening, volume is cooling, and a pullback into the $95โ€“$98 zone offers a compelling risk-reward opportunity. This range has previously acted as demand, and a bounce here could trigger the next leg higher. ๐Ÿ“Œ Trade Plan (Illustrative Only): Entry Zone: $95 โ€“ $98 Take Profit Targets: $117, then $153 Stop Loss: $85 (invalidates support zone)