RKT ready to move up. RKT seems to be trading sideways, and looks ready for a move up. What is not to like about RKT. Billion dollar buyback of its shares and billion dollar revenue in there latest earnings. Strong hands needed for this stock.
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)
