Hood is one of my larger holdings and I have been riding the wave waiting for a pullback for months. I believe the time is now. This is chart I posted elsewhere that I forgot to share here. I think 65$ is a real possibility. The last four pullbacks were all over 40%. Not the stochastic monthly is starting divergence and the BBWP has remained elevated for a long time.
My plan:
Sit on my shares.
Close my covered calls into 2027 if we dump a lot
Buy zone between 65-75$
My plan:
Sit on my shares.
Close my covered calls into 2027 if we dump a lot
Buy zone between 65-75$
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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.