Fundamentally, RobinHood is abut trading volume and crypto. They are investing for the future to be a major player as the infrastructre for modern financial industry but that takes time.
So, if you look at macro environment, the trading volume and crypto have both been in decline. The risk is real for its latest quarterly earning to be uninspiring.
Of course, the TA has been bad for months, which is quite clear from its chart.
Combing all these, I think the right strategy "at this moment" is to wait until earning comes out to assess its growth projection. Yes, you will for sure miss the bottom by waiting, but at least it will confirm the trend is still bullish, instead of jumping in now and seeing a 30% drawdwon if HOOD misses the earning
