Robinhood, Breakout

Uptrend

A strong resistance level at approximately 67, which also called an all-time high, has now been broken after about 12 days by a good bullish candle. While some traders are initiating long positions immediately, others are waiting for further confirmation above this level. More conservative traders might prefer to wait for a pullback to broken level before entering. Overall, I anticipate a mid-term target of around 80-82. It's crucial to emphasize the importance of setting a firm stop-loss for your position; I recommend approximately $62.

Good luck.