Robinhood (NASDAQ: HOOD) Enters Wave (III) Final Stage

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Robinhood (NASDAQ: HOOD) rallied more than 300% since April 2025 breaking into new all time highs. In our previous article, we explained the bullish sequence taking place within the weekly cycle leading to this strong surge. In today’s article, we explore the Elliott Wave structure, outlining potential paths and targets for its continued bullish momentum.


Elliott Wave Analysis

Robinhood is showing 3 swings into new all time highs. That is to say the stock has an incomplete bullish sequence within the super cycle degree.

HOOD rally from 2022 low is currently unfolding within a 5 waves advance as the stock is entering the final phase of the impulsive wave (III). The minimum target was already reached at $122. However as long as recent September low $95.66 holds then the stock can see further extension higher within wave V toward $131 and above.

Buyers should be cautious at this stage because once wave (III) ends, a larger correction in wave (IV) is expected to take place which will be a better buying opportunity.


HOOD Weekly Chart 09.14.2025

Robinhood (NASDAQ: HOOD) Enters Wave (III) Final Stage

Conclusion

HOOD overall bullish structure support the stock through the upcoming correction, creating opportunities to buy daily and weekly pullbacks using our Elliott Wave strategy. The ideal approach is to enter positions once the stock completes a 3, 7, or 11 swing sequence from its peak. Moreover, our extreme Blue Box system enhances precision, allowing traders to identify optimal entry points with clarity and confidence.

Source: https://elliottwave-forecast.c...

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