Robinhood stock closed Wednesday at $106.99, up sharply from an open near $103.72, after touching an intraday high of $107.46. The daily chart confirms a clear uptrend with buyers firmly in control. Volume of roughly 16.66 million shares supports the move’s strength.

Key takeaways

• Robinhood stock closed at $106.99 with a bullish daily structure firmly intact.
• Daily RSI at 56.53 leaves considerable room before reaching overbought territory.
• Morgan Stanley upgraded HOOD to Overweight, citing underestimated revenue potential.
• The near-term resistance cluster sits at $107.37–$107.40, a key intraday battleground.
• Daily ATR14 of 6.26 signals elevated volatility, meaning…