RKT the next PLTR and SNOW run?
So RKT is one of those new IPO of this year along with PLTR and SNOW. as we can see they have all made massive breakthroughs and made great bullish runs. my assumption is that these stocks have been tired out and the next one to make a bullish run is RKT. for the past two days we can see RKT stacking up a decent amount of volume. i mean look at the volume today. additionally it broke out of the descending triangle, now what i think will happen is it will retest prior support and then make a big push to break that next support level showed on the FIB. Now my first TP is the first puurple line and my second TP area is the one above obviously. based on the volume we can see it go higher but i will be satisfied if it hits those areas. let me know what you think do you agree or disagree? let me know.
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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.