Technical analysis by ProfittoPath about Symbol HOODX: Buy recommendation (7/29/2025)

📈 🕰️ Timeframe: 30-minute chart 🔍 Pattern: Ascending wedge breakout 📉 Previous Trend: Bullish continuation from bottom 🧭 Setup: Breakout retest and continuation toward resistance zone 🧩 Technical Breakdown: Breakout Zone: Wedge breakout confirmed around $106.00–106.50 Current price near $106.77, retesting breakout (bullish) Support Zone: $105.00–105.50 (yellow zone and wedge bottom) Resistance / Target Zones: TP1: $108.42 (red zone — recent rejection area) TP2: $109.97 (green zone — supply) TP3: $111.38 (cyan line — extended target) Stop Loss: Below $104.50–105.00, just under wedge base or yellow zone Risk-Reward Estimate: ~1:2 to 1:3 R:R, depending on entry near $106 and target at $109–111 ⚠️ Key Watchpoints: Price holding above breakout line and yellow support zone Momentum volume increasing (not shown in image, but essential) Clean move past $108.50 can unlock $111 ✅ Summary: HOOD is setting up a momentum continuation play from an ascending wedge breakout. If the price sustains above $106, it has room to run toward the $109–$111 zone. Solid bullish structure with breakout + retest = high-probability long.