THEY TOOK HER DOWN TO $30 IN A-To The Moon - Tiger Brokers Online Investing Community - To The Moon

THEY TOOK HER DOWN TO $30 IN APRIL.

THEY TOOK HER DOWN TO $45 AGAIN AFTER A MONSTER Q1.

They cannot hold her down today.

$HOOD +10%

Why is Robinhood moving?

- high beta against the market $SPX and $BTC, if both those take a big pullback then Robinhood can as well but both are recovering strongly from the April lows

- highest amount of equity/option volumes in April (when the market fell) so now the market must be thinking that May could surpass April volumes as we are recovering

- $NVDA & $PLTR are two of the top 10 assets on the platform, both are having HUGE days creating tons of trading volumes (people buying more, selling, hedging, etc.) so Robinhood actually benefits from companies like Nvidia and Palantir having big swings because of how heavily they are owned on the platform. Retail enjoys owning their shares on a platform that cares about the user experience.

- Also, they bought an entire crypto exchange in Canada.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

zippy1
05-14
zippy1
Wow, what a great insight on $HOOD! 🚀

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