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Technical analysis by altonaut84 about Symbol HOODX: Buy recommendation (11/16/2023)

https://sahmeto.com/message/3701863
altonaut84
altonaut84
Rank: 7420
1.6

HOOD at a discount area of a range

Buy
Price at Publish Time:
$7.94
Buy،Technical،altonaut84

This setup provides clear invalidation below discount area at 8.00$ with a take profit level at range premium of 12.00$, which gives 50% move. It can also be a tripple bottom with a neckline at 12.00$, which if flipped opens a target of 18.00$. I’m entering it here and leaving room to DCA lower.

Source Message: TradingView
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