HOOD Breakout Watch – Eyeing $103+
🧠 Chart Breakdown:
Setup: Price broke out of a large ascending triangle and is now forming a mini symmetrical triangle — a consolidation before a possible continuation.
Current Price: $99.94
Breakout Zone: Near $100, close to decision point.
📊 Key Levels:
Immediate Resistance:
$101.09 (yellow)
$102.44 (first green target)
$103.50 (final target zone)
Support Levels:
$94.74 (white line)
$93.38 (stop-loss zone)
🎯 Trade Idea (Bullish Bias):
Entry: $100.00
Target 1: $102.44
Target 2: $103.50
Stop-Loss: Below $94.74
