Exit Case: Robinhood Markets, Inc (NASDAQ: HOOD) 

Robinhood Markets, Inc (NASDAQ: HOOD) is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. HOOD has been a part of the 'Momentum Model Portfolio' since March 12, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the current market price of USD 41.20 as on March 18, 2025 (6:35 am PDT).

HOOD’s Daily Chart

New Entry Case: Tencent Music Entertainment Group (NYSE: TME)

Overview: Tencent Music Entertainment Group (NYSE: TME) is a holding company mainly engaged in the provision and operation of an online music entertainment platform. 

Technical Analysis: On the daily chart, TME's price found support at crucial levels and has begun to rise, indicating a potential upward reversal in the near term. The 14-period RSI has moved up from lower levels and is approaching its midpoint. As the company demonstrates resilience and stability, the likelihood of a sustained uptrend increases, with the potential to revisit previous highs or even achieve new all-time highs. TME appears well-positioned to harness its momentum and deliver gains in the near future.

TME is recommended as a new entry in the 'Momentum Model Portfolio' as on March 18, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the Current market price of USD 13.90 as on March 18, 2025 (6:35 am PDT).

TME’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of March 18, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.