$HOOD · Verified Investing · 2026-10-26

Next up into Hood. Hood also reports tomorrow, but they do so after the bell. Now look, look what's going on with Hood. Got a lot of trend lines going on. So bear with me. I'll be happy to explain.

We see here what's going on with Hood. Hood recently from this low on March 30th pushed all the way up here to $126 in September. And in doing so, we actually broke out from a declining trend line on the chart.

Now, unfortunately for Hood, it wasn't able to hold this declining trend line on two separate occasions. As you see, we lost it here, recovered, and then we came back down to this trend line, put in bearish consolidation right on top of the level of support, then plunged lower into this next level of support, put in bearish consolidation, and now we are breaking that cleanly today as well with the further push away from this consolidation.

All of this going into earnings is likely some investors trimming their positions going into earnings. So, I fully anticipate Hood will have a bounce and the bounce is likely going to take us right here to X marks the spot at $102 for resistance.

It's a matter of do we have that bounce tomorrow with earnings or will we have a sell down to the support $8475 and then have that returning bounce. We've simply broken uh too many breakouts on this move down for price not to eventually curl back up and retest one of these trend lines in which it has broken.

Which is why I'm targeting the X marks the spot zone at $102 for Hood. Whether it's today, next week or next month, that's where Hood I see going in the near to medium term.