Robinhood Post-Earnings Update
$HOOD
Wrote this before the earnings announcement -
The first gap near $15 was filled last week after the earnings release. However, we’ve open the week back above the AVWAP from the company’s IPO. This has been a congestion area since the start of Q2, and while the unfilled gap below it may yet come into play, I think the bias has to be long above $17 at this point.