Technical analysis by roycejakob about Symbol HOODX: Buy recommendation (3/4/2025)

Why is it that broken lines of resistance being used as new support (works vice-versa as well)? Because it works virtually every time! 😏🏆💯 We had sizable 3/21 HOOD puts in the WAVE$ Portfolio for the past week, and early this morning we locked-in a 4X profit. 🙏🏼🔒💸 We then used those put-profits to shark up some more UBER and RIOT call options, and establish a NEW call options position on $HOOD. 📈📈📈🦈 I think that HOOD has bottomed out following that re-test of broken resistance (yellow trend line), and although it may take a bit to see new highs, I think that we'll be seeing mostly upside from here. ⚓️✔️ -Royce 🤙🏼