Robinhood Stock Surges 8% to $112.09 Amid Crypto Strength and Goldman Sachs Buy Rating

Robinhood's stock price surged 8% to $112.09 on Tuesday, marking one of its strongest sessions in months.

The rally was driven by a combination of factors, including renewed crypto strength, a day-trading rule repeal, and Goldman Sachs' reiteration of its buy rating for Robinhood and Coinbase.

On the daily chart, trend, momentum, and price structure are all aligned in favor of the bulls. The 20, 50, and 200-period EMAs are stacked beneath price, with RSI14 reading 63.52, firmly bullish but not yet overbought.

However, caution is warranted near extended levels, as the narrowing MACD histogram on the hourly chart suggests decelerating momentum. Volatility has expanded sharply, with a daily ATR14 of 5.77, supporting disciplined position sizing.