HOOD: Recovery Looks Like a Bounce Before Deeper DeclineRobinhood Markets, Inc. Class ANASDAQ:HOODBelFed_AnalyticsPrice has followed the trend structure we outlined in our analysis published on February 22. Chart (daily): As long as price holds below the mid-term resistance zone of 103 to 119, we consider the recovery since March to be a bounce before one more macro push deeper into support, closer to the 50 level in the coming months. Chart (weekly): Previously: On support zone for potential upside reversal (Feb 22):