Watch These Robinhood Price Levels as Stock Hits 3-Year High After Upgrade

Key TakeawaysRobinhood shares rose to a three-year high Monday after Morgan Stanley upgraded the stock and boosted its price target.The relative strength index confirms bullish price momentum with a reading above 70, but also flashes overbought conditions in the stock, which could trigger short-term profit-taking.Investors should monitor important support levels on Robinhood's chart around $24 and $20, while watching key resistance levels near $45 and $60. Shares in Robinhood Markets (HOOD) will likely rema ...