Apr. 5 at 5:53 AM
$HOOD down 39% YTD and getting a Buy upgrade — fading the crowd or smart entry? 👀
At
$68.90, HOOD sits 55% off highs, well below SMA20 (
$72.99), SMA50 (
$79.96), and SMA200 (
$107.66). RSI at 41.47 — oversold territory but not bottomed yet. Volume light at 0.79x. Still in a downtrend, no denial there.
Bull case: EPS
$2.06 ttm, P/E 33x, expanding margins, rising AUC, and crypto leverage if sentiment turns. 52-week low is
$29.66 — plenty of cushion long-term.
Watching for reclaim of
$72.99 SMA20 as first signal. Not chasing — but this is the watchlist. 📈
#HOOD #StockMarket #TradingSetup