Nov-04-21, the Rocket Companies reported for third-quarter 2021 revenue of $3.16 billion, beating a consensus of $2.93 billion. Quarterly earnings of 57 cents per share beat the analyst consensus estimate of 48 cents by 18.75% , (according to a Yahoo article) The company also exceeded the top end of its closed loan volume and margin guidance. The third quarter...
Nov-04-21, the Rocket Companies reported for third-quarter 2021 revenue of $3.16 billion, beating a consensus of $2.93 billion. Quarterly earnings of 57 cents per share beat the analyst consensus estimate of 48 cents by 18.75% , (according to a Yahoo article) The company also exceeded the top end of its closed loan volume and margin guidance. The third...
The best confirmation would be above the purple inflection zone at 18.31, but from here youve still got an easy 3:1 trade if you stop out under the low at 14.99. Clear divergence on multiple oscillators at that level, with a spring and bullish engulfing backtest here on the daily.
Just bought 4 "RKT" $20CMar22, It is a $280 gamble before earning call. I will build my positions from there, hopefully it will bring good news. It will probably tank to 30s cents next week, 😀😀😀. Last year, I bought similar 4 contracts end Jan21, It didn't work out , expired before last March huge pop up; fingers crossed for next year. Good luck.
Monday's move gave confirmation that this breakout should continue. RKT has been a complete pain but you have to respect/enjoy the downside of stocks to be able to respect/enjoy the upside. There will be several resistance areas. $17.22, $18, $19 and more but this company is one of the best in the industry. I think 2022 will continue to show strength in the...
RKT will need follow through Monday but I like the look of this chart. I bought a small long term OTM $22c for fun a month or so ago and then bought some more of it when it was in the $15 range. It is a small position in case this breaks out to the upside in a crazy pattern as it has done a couple times in the past. Should be fun to see if there is follow through...
RSI divergence , RKT is currently oversold. Upside momentum coming based on past RSI moves Entry: $15.11-$15.20 SL $15 = or above $14.85
I really want to see this moon again just because its been a fun ride last few times. Let's go Rocket!!
I really hope rocket does something fun here. This has been so painful for so long. If she pops big....steaks on me!!! GLL!!
She's been a disappointment except for a few weeks since IPO. I would not be surprised if she disappoints again but the December 22c are pretty cheap for a long term lotto fun play. Very tiny position but we shall see :) GLL
Rocket has been a disappointment except for roughly 10 days since its IPO. There were more good times but it has had a very hard time gaining and keeping momentum. This RSI on the 1 hour though has me intrigued. Disclosure I bought 12/17 $22c for $0.51 because I was bored and it looks fun. Plenty of time on it and did not buy much. This is for me not my clients.
I like the set up on Rocket with bullish triangle pattern, waiting for confirmation of candles before long entry.
Broke out last week after earnings. Coming to the end of descending pennant. I have these out for next year, it can go to 40 or maybe even 100?
Broken major down trend, could be seeing a push up from here with two PT's.
RKT 15 min chart showing a very touchy level at the 786 fib line. If broken and held above, this would be the 3rd time that it has done so in a short period of time. But will it stick this time? Strong volume and price action on Aug 2nd. Upcoming earnings will likely determine the trend for RKT stock heading into the middle of H2 2021. You've also got a little...
RKT is consolidating at the lows. Watch for a breakout of $18 & the flag for confirmation
As we can see from the 4-hour chart the price is testing a very strong support area. Recently, $ RKT has made this place a favorite area for traders to buy at with full power. The Rocket Company is testing the area for the second time since joining the NYSE. Targets: $19.50 $22.65 Thank you and Good Luck!
RKT broke out and looks like it's retesting the support. Good chance it will bounce off 18.93 or 18-18.14 support. Either way, LEAPS play. Company valuation has changed to ~30-50 area. Some analysis predicts it's valuation will be near $100 in the next 5 years!