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re: Stocks on your watch list
Posted on 4/22/22 at 2:49 pm to bayoubengals88
Posted on 4/22/22 at 2:49 pm to bayoubengals88
quote:
Thougts on Robinhood (HOOD)?
At $10.22 it's down 71% since IPO.
Current market cap around 9B
Not sure I would touch it right now unless part of a strict DCA plan. The chart looks like most other growth charts out there, and it has failed to recapture the 50 day MA. If it gets back above the 50 day MA, you might consider adding with tight stop to protect against further downside.
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