RKT - SHORT SHORT SHORT

RKT has been trading below the 6-8-21 day sma and struggling to break through these moving averages which signals bearish. It's sitting above the 50day sma which is using it has a support. If RKT fall below the 50day sma I'd look to enter a short position and gap fill all the way down to the $19.50-$20 area.

Contract Suggestion:

RKT 4/30 21P @ .50
Chart PatternsTechnical IndicatorsrktrktanalysisrktshortTechnical AnalysisTrend Analysis

Please drop a like & follow so you don't miss any analysis that I post! Greatly appreciate it! Thanks!

Come join our community!

Twitter: twitter.com/Ross_Trades

-Ross Trades
Also on:

Disclaimer