Feb. 8 at 2:19 AM
$HOOD
Bias: Neutral (oversold bounce)
Trend: Downtrend, attempting stabilization
RSI: ~48
Key Levels
Support: 75 / 72
Resistance: 85 / 92
Alpha Take
$HOOD bounced off deep trend exhaustion, but structure still damaged.
This is a bounce, not a reversal unless 85 holds.
Risk to reward favors selling into strength, not chasing upside.
Below 75 = trend continuation risk.