Morning Trend | Robinhood continues to bottom out, is an extreme oversold rebound opportunity coming?
Robinhood (HOOD.US) has recently been in a state of market observation and low capital, hitting a new phase low last night, with a significant bottom area and continued light trading, suppressing short-term activity. The overall atmosphere in the trading community appears cautious, dominated by bearish sentiment, but extreme oversold signals have led some short-term funds to start paying attention to potential rebound windows. Looking back at the past trading week, Robinhood has not experienced any significant compliance or business negatives; the main pressure logic stems from the Federal Reserve's continued tightening of risk asset policy expectations. The internet finance sector has recently been highly correlated with the broader market, especially sensitive to liquidity. From the funding side, there has been a significant divergence between institutions and retail investors, with the market clearly lacking incremental inflows.
From a market structure perspective, Robinhood's daily Bollinger Bands are approaching the lower band, the RSI indicator is deeply oversold, and prices are frequently consolidating at the bottom in the short term. Technical traders believe that in such situations, the logic for betting on short-term rebounds becomes stronger. Once capital replenishment or marginal changes in policy expectations are triggered, it is expected to stimulate bottom buying and form a breakout rebound. However, if market trading volume continues to languish, coupled with a continued weakening of policy expectations, there remains a risk that the bottom formation could be breached, leading to further declines. Currently, there is a significant divergence between bulls and bears, and the market's main focus is whether trading volume and external liquidity signals show any improvement; only when incremental capital actually enters the market can the trend potentially reverse; otherwise, the pressure of repeated bottoming or even probing new lows will always loom overhead
Technical Forecast·
