Mar. 9 at 4:02 AM
$HOOD was already -50% from highs as of Friday's close and is currently -3.3% overnight (trading in the mid-
$74S). Would currently be sitting directly on the lower diagonal trendline.
Based on Friday's very bearish net flow, this looks like it could take some time before it's worth speculating on again. Could see a break of the trendline and
$HOOD trading back along the S/R flip zone in the
$67-70ish range for some time before basing out.
Good to start adding shares if you can stomach some short-term chop.