Robinhood Secures Singapore Approval As HOOD Retests $80 Support
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Robinhood Markets has received in-principle approval from Singapore's Monetary Authority to offer brokerage services through Robinhood Singapore Pte. Ltd. This approval allows trading of securities and derivatives, positioning Singapore as Robinhood's Asia-Pacific headquarters. However, it is not a full license yet, as conditions must be met for final authorization. Meanwhile, HOOD stock is retesting the 20 EMA at $80, with key support and resistance levels identified for future trading activity.
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