$HOOD bounced hard off the low $110s and is trying to reclaim the mid $120s. Volatility is high but structure isn't broken. Momentum is attempting to turn back up after the shakeout. If this holds, the next move targets the prior $135 to $140 zone.
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$HOOD bounced hard off the low $110s and is trying to reclaim the mid $120s. Volatility is high but structure isn't broken. Momentum is attempting to turn back up after the shakeout. If this holds, the next move targets the prior $135 to $140 zone.