Robinhood Stock Jumps 8% to $112 as Bulls Extend Their Rally
Robinhood stock just delivered one of its strongest sessions in months, closing at $112.09 after a 7โ8% intraday surge. Shares pushed above every major daily moving average, driven by crypto strength, a day-trading rule repeal, and a Goldman Sachs buy-rating reiteration.
Key takeaways
- Robinhood stock closed at $112.09, up roughly 7โ8% intraday and above every major daily moving average.
- Daily RSI14 at 63.52 and MACD histogram at 2.00 confirm bullish momentum without daily overbought extremes.
- Daily pivot resistance sits at 115.43, with support at 105.78 and the daily pivot at 109.11.
- Hourly MACD histogram narrowed to 0.18, signaling decelerating momentum despite the intact uptrend.
- Daily ATR14 at 5.77 reflects expanded volatility, supporting disciplined position sizing.
Robinhood Stock Daily Structure: A Clean Bullish Regime
Robinhood stock is in a clean bullish regime on the daily chart, with trend, momentum, and price structure aligned.
โฆ Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (en.cryptonomist.ch).
