HOOD Correction!

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HOOD Correction!Robinhood Markets, Inc.BATS:HOODHernandezCapitalPrice has once again produced a reversal at the upper boundary of the ascending channel, identical to the prior major swing tops that led to large corrective waves. Each previous correction inside this trend has been –45% to –55%, and the most recent rejection aligns perfectly with that pattern. Given the repeating structure, the measured correction projects price down toward the 0.50 Fibonacci retracement (~$81–$83), which also aligns with: The bottom point of the channel Prior key support The average depth of previous corrections This confluence makes the 0.50 level the most probabilistic landing zone before the broader uptrend can resume. Target $80.00