(Finance) – Effervescent Robinhood Marketswhich trades with a decidedly positive performance of 24.36%.
Assisting the shares is the news that Sam Bankman-Fried, founder and CEO of FTX, has bought 7.6% of the company that manages the trading platform.
On a comparative level on a weekly basis, the trend of Robinhood Markets shows a more marked trend than the trendline of Nasdaq 100. This demonstrates the greater propensity to buy by investors towards Robinhood Markets with respect to the index.
The technical framework of Robinhood Markets suggests an extension of the bearish line towards the floor at USD 10.04 with the ceiling represented by the 11.05 area. The forecasts are for an extension of the negative phase at the test of new lows identified at 9.43.