Building Up a Position in Robin Hood (HOOD)

3 months ago

Host

"And yes, I added to it and it's up 3% in pre-market. It's Robin Hood. Was it a great thing to buy on a Friday? Probably not. But I got the alert and I love this 4hour algorithm. It doesn't beat buy and hold on Robin Hood, but I'm looking to build up a position in Robin Hood. And when I look at the results down here on the bottom right, I see over 24 months there are 20 positions. So it's not like you're trading every day; it just so happens there were three alerts."

The speaker discusses receiving an alert and building a position in Robin Hood (HOOD) using a 4hour algorithm. Although he questions the timing for a Friday buy, he expresses bullish sentiment and outlines his longer term strategy to gradually accumulate HOOD shares based on consistent algorithm signals indicating repeated opportunities over a 24-month period.

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