RKT trade ideas
Buy and hold RKT until next earningsVery bullish q3 earnings call for investors. Should continue to do well in the next earnings.
TP1 - $26
TP2 - $30
Long term PT - $50
Also a candidate for multi year hold as housing market should boom as US keeps interest rate flat.
potential inverse head and shouldersplenty of buyers in this range. this could FINALLY be the bottom
RKT-This Is The Moment To Buy. With the support level at 20 and head and shoulders bottom, I think we will see the range of 28-30 next month. The 0.702 retracement level is very important.
Dont sleep on RKT.Earnings were great and the announcement of the billion dollar buyback of its shares will only push this stock higher. Strong hands on this one and patience.
rocket getting ready for take offEntering supply zone, it’s about to blast off. Long term play imo. Build position.
a move lower before a bounce back higherbear pennant in the process of forming.
i am guessing we see $20-ish before a move back up.
$RKTLovely bull pennant, if my EW count is correct we should see the first breakout hit resistance and form an inverse head and shoulders.
(Not trading advice, for personal reference use with discretion)
$RKT Rocket Companies On Reversal Watchlist
Potential long entry developing in RKT .
resistance currently from the Point Of Control (redline)
in confluence with horizontal candle resistance @ $23.00
Alert set for a move above $23.20 where a entry will be evaluated
dependent on volume.
A safer entry level is above $24.57 where volume resistance greatly reduces.
Volume remains good and the Moving averages have crossed bullishly and are
now in a bullish trajectory.
Targets as per Fibonacci levels. with $26- $28 as reasonable expectations.
RKT Long1) Pending BO
2) Buying volume coming in
3) Long squeeze! Burst
4) Histo bright green
5) But MACD hourly pending confirmation
6) MACD daily golden cross, pointing upward
7) Daily histo bright green
put seasonthis is clearly a pump in dump, look for a lot more big red candles in the future! puts here with a tight stop? goodluck! leave a like if you found this helpful <3
