Robinhood Markets’ stock price (HOOD) fell in the intraday levels, amid the dominance of the downward correctional wave in the short term, with negative signals from the RSI, trespassing the support of the 50-day SMA, exposing the stock to more negative pressures.

Therefore we expect more losses for the stock, targeting the support of $13.25, provided the initial pivotal support of $16.50 is reliably breached. 

Trend Forecast: Bearish