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Rocket Companies, Inc.
Long
Updated

$RKT - ROCKET COMPANIES INC // LONG

790
RKT is flagging towards .618FIB level, which could bring a potential inverted head and shoulders.
RKT is profitable and should keep benefiting from low interest rates and a shift in consumer preference post pandemic.
Stop-loss and targets are given in the chart.
Note
Target 1: Reached
Note
Target 2: Reached.
It wont surprise me to see this even higher. This stock has over 30% of short float. and lately all heavily shorted stocks have been acting like this after WSB.
Trade carefully. I closed half of my position here
Trade closed: target reached
lordbr
Chart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
lordbr

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.