HOOD: watching for more downside Robinhood Markets, Inc. Class ANASDAQ:HOODartemfedorovFrom the trend structure: as long as price is holding below 84 resistance, I am watching for more downside to 61–55 support. Chart (Daily): Potential swing-short plan for next week: A break below 75 may serve as a trigger to initiate a swing-short with staggered stop at 78.5. Alternatively, if price first forms a lower high, watch for reversal reactions at 79–81 and 84 local resistance. Chart (1h): Previously on a larger degree topping potential and trend structure updates - see Jul idea and comments: