Weekly Wiretap Pick Of The Week HOOD

MAX Trade Potential: 219%

My Trade Plan Details:

• HOOD July 25 $101 Calls around $4 to $4.20s
• Stop: HOOD closes below $94
• Target 1: $102
  
• Target 2: $105
• Target 3: $108
  

My Reasoning:

Chart wise, HOOD is pushing another all time high here and looking to break $100 once again. I think if Bitcoin continues to surge to $125k or $130k HOOD can push to $105 to $108 areas. I like HOOD as long as we stay above the 10 EMA here which seems to be its current bounce again on dips.