Robinhood Analysis: A Mix Of Bearish Divergences And Trendline Breaks

Chief Market Strategist Gareth Soloway dives into the chart of Robinhood, alerting investors to a strong negative divergence on the RSI. In addition, he shows how the uptrend on HOOD has now been broken. This puts the stock in a vulnerable position. While the markets stay strong, HOOD will likely perform solidly, but any weakness in the stock market is likely to send Robinhood stock sharply lower. Be on alert, the bearish signals are mounting.