Long

$HOOD – Flag Breakout Setup with Post-Earnings Shake & Bake

– Hot Momentum + Crypto Tailwind + Flag Breakout in Motion
Robinhood () is setting up for a momentum breakout after delivering a perfect post-earnings shake & bake — and now it’s reclaiming key levels with force.

🔹 The Setup:

After earnings, flushed under $100, shaking out weak hands and triggering stop runs.

Since then, it's remounted the moving averages and is now pushing through the $107 breakout zone.

Price is flagging cleanly — compression before expansion.

🔹 Why It’s Got Juice:

Strong bounce post-earnings = real buyer interest.

Flag breakout forming with crypto sector strength (, running).

often rides crypto momentum — it’s a sleeper sector sympathy play.

🔹 My Trade Plan:
1️⃣ Position: Picked up $105 calls on the morning dip.
2️⃣ Add: Eyeing $110 calls with a few weeks out if we clear the flag.
3️⃣ Stop: Under today’s low or 9 EMA, depending on how it behaves into the breakout.

Why I Like It:

Shakeout + reclaim = powerful combo.

Flag structure is clean, volume is stabilizing, and crypto sector tailwinds add fuel.

When runs, it runs fast — and it loves trending when sentiment flips.

kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

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kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

Also on: