According to the information of Robintrack, Ford (F), General Electric (GE), and American Airlines (AAL) would be the most well-known assets among Robinhood dealers now.
Picture source: Robintrack
Have a look at the specialized evaluation of the above stocks below.
The main reason Ford (F) has been the first popular stocks one of Robinhood dealers may be associate to the increase of its own share by 22% since July 10tg.
Picture source: TradingView F
At the daily time period, Ford (F) is climbing from the declining trading quantity. But, buyers stay active as nearly all candles are bullish. Though the trend remains bullish, the stock will be very likely to generate a false breakout. In cases like this, the talk is going to reach $6.69 mark till mid-August of 2020.
Ford is trading at $7.04 at press time.
The amounts of General Electric (GE) haven’t risen as far as those of Ford (F). Depending on the daily time period, the stock is found in the accumulation phase, preparing to get a price burst.
Picture source: TradingView GE
According to the graph, the trading volume is rising, meaning that a breakout is going to take place. The expansion situation is applicable before the share stays above $6.50. Presently, the neighborhood immunity is situated at $7.74 that GE may reach in August if bulls keep pushing the speed greater. The only barrier that may stop the stock from climbing is that the very low amount of trading volume.
GE is trading at $6.89 at press time.
American Airlines (AAL) is the next most desired stock one of Robinhood dealers now. From the technical perspective, it’s comparable to GE since there have yet to be any sharp movements lately.
Picture source: TradingView AAL
Following a fall in the high approximately $22, American Airlines (AAL) was located from the trend, accumulating energy to get a further move. Even though the trading volume is reduced, the MACD indicator is turning into the bullish zone. Thus, traders may anticipate the growth of AAL to the closest immunity at $14.29 shortly.
AAL is trading in $11.72 at press time.