“I like buying HOOD on a pullback to $90 per share.”

Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance

One of my favorite ways to trade is by finding companies for “rinse and repeat” trades.

And Robinhood (HOOD) has been one of those companies.

Barron’s said “Robinhood will benefit from a volatile market,” and so far this summer – it’s living up to that promise.

Robinhood hit a new 52-week high earlier this month, and topped out at $113 on July 18th before retracing back to $104 on July 21.

Overall, HOOD is up 185% this year to date, with a majority of its gains coming in the last three months with shares up 165% during that period.

But despite its all-time highs, I believe HOOD has more room to run.

Here’s my case…

HOOD is expected to become a new members of the S&P 500 index. The company has been expanding, with ambitious moves into Europe as well as private investments into popular companies like OpenAI and SpaceX.

It’s already come close to joining the S&P earlier this month, but got snubbed when DataDog was announced as the newest S&P member. And two days ago – Block (XYZ) filled another vacant spot.

Still, with all HOOD’s expansive investments – I think it’s only a matter of time before this happens.

I’m been tracking HOOD in The War Room, and I’ve already locked in multiple winning trades on its move up. including a 37% winner in 1 trading day on June 25th. Plus two more winners on July 7th and 9th, respectively, in less than 1 trading day.

You might be wondering….”When should I get into HOOOD?”

I like buying HOOD on a pullback to $90 per share.