HOOD: Breakout Confirmed — Eyeing the $120 TargetRobinhood Markets, Inc. Class ABATS:HOODTaxpayerTradesFollowing a massive macro rally out of its 2022–2023 consolidation base, Robinhood Markets, Inc. (HOOD) expanded aggressively up toward multi-year highs. The recent pullback to the $103 level represents a healthy, necessary macro retracement to work off overbought conditions and establish a firm higher low. The Technical Setup & Breakout The Trigger: Throughout the first half of 2026, HOOD built a beautiful, high-congestion ascending support line. The recent price action forcefully broke out above the critical psychological and structural resistance level at $93.00. Current Retest: Sitting cleanly at $103.25, the price is holding firmly above that original breakout zone, signaling that old resistance has officially flipped into a solid baseline for the next leg up. The Target: $120.00 Taking the measured move from the depth of the prior consolidation base and projecting it upward from the $93 breakout trigger points directly to the $120.00 zone. This represents a highly attainable +28.63% continuation move from the primary breakout structure. Invalidation: A structural weekly close back deep inside the $93 consolidation zone would neutralize this immediate bullish momentum.