Jul. 2 at 10:35 PM
$HOOD is still in a strong trend structure, but intraday price is starting to lean a bit more “two-way” around VWAP.
VWAP near
$114.6 acting as the short-term pivot, with price closing slightly below it suggests momentum is pausing, not reversing.
Bigger picture still intact though:
Holding well above 50-day (~
$86)
Dip buying still showing up around
$109–
$111
Trend structure still controlled by buyers as long as those zones hold
Key level remains simple: reclaim and hold above
$115 to re-accelerate toward
$126.
Until then, it’s more of a consolidation inside an uptrend than a clean breakout.
