Bullish on Robinhood for Sports Betting Exposure Below $100

about 2 months ago

"I am bullish on Robinhood as it serves as a key player in regulated sports betting; I'm waiting for the four-hour algorithm to trigger a buy below $100, as its current floor holds strong at that level."

The analyst is positioning Robinhood (HOOD) as a unique bet in the sports betting arena. He emphasizes a technical entry point below $100, suggesting that a dip to that level could provide an attractive buying opportunity. This insight gives a specific actionable trigger based on technical indicators.

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