HOOD - Reclaiming the BaseRobinhood Markets, Inc. Class ANASDAQ:HOODyieldzilla888Robinhood pulled back 6.63% to 82.47 today after spiking to 94 earlier this month. Sharp candle, but the structure underneath it still favors the bulls. The bigger picture: HOOD fell from ~109 in February down to the 64 April low, then carved out a base above that 68.58 prior support shelf. Late May/early June it broke out of the base hard, ripping to 94 before today's cooldown. Crucially, price has climbed back above the Ichimoku cloud and the cloud ahead is flipping green — momentum has shifted from down to up. What keeps the bull case alive: The 80.11 level and the top of the cloud are the first must-hold zone — today's low at 79.49 tested it and bounced to close back at 82. As long as 77.26 (pivot) holds on a daily close, the breakout stays intact. Reclaim the 87.25 pivot and the path reopens to R1 101.45, then the 105 to 108 target zone. Why I like it here: A vertical move to 94 was always going to get digested. Today shakes out the chasers and resets the trade against the 80/cloud support instead of paying up at the highs. Buying the backtest gives you a tight, defined risk floor with room to run. Plan: long bias above 80, hard invalidation on a daily close below the cloud / 77.26. Targets 87, then 101, then 105 to 108. Strong stocks pull back to launch again. Not financial advice. Do your own research.