$HOOD Bull Flag FormationRobinhood Markets, Inc. Class ANASDAQ:HOODBrent_CalverRobinhood has been consolidating since early February. After establishing a low on March 30, the stock has continued to form higher lows, suggesting a strengthening price structure. Based on this recent behavior, it appears to be developing a bull flag pattern. Trade Plan •I have set an alert on the downward-sloping trendline of the bull flag. •If that alert triggers, I will consider opening a position, while keeping in mind that nearby resistance may limit the initial move. •If price breaks above that resistance and holds, I will consider adding to the position. Risk Management If I enter the trade, I plan to place my stop just below the most recent low at $79.49. Final Note If this setup aligns with your view, please adapt it to fit your own trading and risk management plan. Ultimately, it is your capital, so make sure every decision reflects your strategy and risk tolerance.