Hood finds itself in the weekly demand zone. The stock is also potentially in the golden fib pocket as well. We saw a very nice reset in stochastic momentum here. I have started to add to this position again. I have been out of the position for a while and look to stay with my aggressive small/mid caps this year.
My plan:
Adding shares here, possibly selling CSP. I would wait on covered calls for a bit if possible.
My plan:
Adding shares here, possibly selling CSP. I would wait on covered calls for a bit if possible.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.