Bullish Outlook and Entry Strategy for Robinhood (HOOD)
"I bought Robinhood on April 24th, two days after a strong follow-through day, at around $48, even though it was still below the resistance at $49.88. The chart showed three days of strength and a retake of the 50-day moving average, which gave me confidence in my entry. I haven\"t added to my position since then because I believe in its fundamentals and disruptive potential, but I\"m keeping a close eye on its technicals."
The speaker describes his entry strategy for Robinhood, emphasizing that he entered after confirming a follow-through day and a pullback near the 50-day moving average. While he remains bullish on HOOD due to strong fundamentals and disruptive business model, he is cautious not to overcommit until further technical confirmation.
Robinhood Turnaround: Short-to-Long Trade Strategy
"I knew they had $8 a share in cash, and I sorted it from 25 down to 10. And then at 10, with $8 a share in cash, I was like, the short's done. But I continued to follow the company and was impressed with their business changes."
The fund manager describes his tactical shift on Robinhood (HOOD), initially shorting the stock during a period of speculative excess before exiting his shorts as the stock built a technical base. He then went long to capture substantial upside, anticipating a multi-bagger outcome with catalysts such as improved business fundamentals and product innovation.
Robinhood Tokenization Catalyst
"He actually was speaking at Bloomberg TV at a conference in Singapore, talking about how the tokenization of assets ranging from stocks to real estate is set to rewire financial services."
The discussion highlights Robinhood's recent surge and its CEO's emphasis on tokenized equities. The narrative suggests that the move to tokenizing traditional equities on a blockchain could expand investor participation and serves as a positive catalyst for the stock.
Bullish Buy the Dip on HOOD
"Hood. This was up 12% yesterday. I just got a signal to buy more. You can see it right there. Buy $136.71. Am I going to buy? You damn well know I'm going to buy. This is a buy the dip for me. If it pulls back to 80, I'm okay. I will just add more."
The speaker explicitly recommends buying further into HOOD during a dip, noting an initial entry signal around $136.71 with plans to add more if the price retreats to $80, emphasizing a buy-the-dip strategy.
Buy-the-Dip on HOOD Trading Platform
"Hood. This was up 12% yesterday. 12%. I just got a signal to buy more. You can see it right there by $136 and 71 cents. Am I going to buy? Damn well. No, I'm going to buy. This is a buy the dip for me."
The speaker explicitly signals a buy-the-dip trade for HOOD, noting a recent 12% jump and a technical buy signal at around $136.71, with willingness to add more if the dip continues.
Robinhood Entry Call at $116.55 with EoY Target
"If I was to enter a new position in Robinhood it would probably be at 116.55. Hell of a year for Robinhood. Kudos to Vlad. They have a chance to potentially end the year at 161–183. Just an amazing job by that team. Like even being on Twitter, not in magazines, but watching Vlad tweet — you see entrepreneurs when they have that light and that love back for the business. I’m not saying to the left, but it’s an increased level of excitement I’m seeing from him and the way that they’re creating and pushing out new products. They’ve done an amazing job. But 161 is the end-of-year target.”"
The speakers provided an actionable trade call for Robinhood (HOOD) with an entry price of $116.55 and an end-of-year target of $161, emphasizing the importance of limit orders for precise entry.
Robinhood Entry Trade Call
"If I was to enter a new position in Robin Hood, it would probably be at 116.55."
The host recommends an entry position in Robinhood (HOOD) at approximately $116.55 as a short-term trade idea.
Robinhood Launches Social Platform to Boost Trading Engagement
"Robinhood is launching a social platform called Robinhood Social that will allow users to post their trades, follow investors and track the investments of celebrities. It is designed to keep users on the platform longer, which could translate into more trading activity."
Robinhood is rolling out a social media feature aimed at increasing user engagement and trading activity. While the move could help Robinhood counter trends favoring passive investing by boosting trading volumes, it also carries the risk of encouraging speculative behavior.
Add to Hood Position if Price Holds Above Resistance
"Hood, particularly right now, running right up against a previous resistance right there at 116. It's trading at 117... not only am I not selling Hood, but I will be looking to add to Hood."
The host remarks on the technical setup for Hood, noting it is testing a previous resistance at 116 while currently trading at 117. He advises holding and even adding to the position if the stock sustains above this resistance level, indicating strength.
Robinhood Stock: Targeting a Multi-Year Upside
"I have Robinhood by end of year getting possibly to 136 and, if they stay at this pace over the next two or three years, they should be in the 290 range. Robinhood has surged 500% in the past 12 months and now presents a promising growth trade."
The speaker outlines an actionable investment thesis for Robinhood (HOOD), noting its 500% surge over the past year and projecting a price target of around 136 by year-end with a potential long-term target near 290 over two to three years. This recommendation is based on strong growth momentum and a clear quantitative price outlook.