$HOOD #HOOD Let's focus on a key price level: 106.805.
As long as we don't break below this level on a pullback, the short-term bullish structure remains intact.
Keep an eye on 112.5 above; if we hold that level, we can look for the next move.
Avoid opening positions in the middle range; chasing a bit on the upswing and cutting losses on the downswing is the easiest way to get shaken out.
For these kinds of stocks, especially in the US market, it’s all about the rhythm and your position size. Don’t let short-term volatility turn into an emotional trade.
Stay focused on short-term trading; don’t set your orders in stone. If the key price breaks, stick to your plan and don’t hold on stubbornly.
As long as we don't break below this level on a pullback, the short-term bullish structure remains intact.
Keep an eye on 112.5 above; if we hold that level, we can look for the next move.
Avoid opening positions in the middle range; chasing a bit on the upswing and cutting losses on the downswing is the easiest way to get shaken out.
For these kinds of stocks, especially in the US market, it’s all about the rhythm and your position size. Don’t let short-term volatility turn into an emotional trade.
Stay focused on short-term trading; don’t set your orders in stone. If the key price breaks, stick to your plan and don’t hold on stubbornly.