$RKT ROCKET LAUNCH PAD 18% Short Float 200%+ Sales Growth Q/Q
The POC caught my eye, stock is primed for a move and has squeezed in the past, could run. Big SI as well.
$RKT $RKT is coming off an ATL, its still a fairly new ticcer, however its POC is around $22.96, I like it this week for a gap close $22.63 and it also has support levels around $22.98-$23.56. Looking for a squeeze to $25 (Which is my strike price for this week 6/11). Take Profit Do Not Bag Hold Forming a nice cup and handle and the support levels of $19.43 is...
$RKT Testing the 50 EMA at a resistance with 1.8 Relative volume. Watch for break confirmation and we have a small gap to fill around $22.60.
T-minus 5 before this takes off, but does it have rocket boosters or just rocket thrust.....I have two paths here that could be possible. I left the unique pattern it was making as keys to where the same moved happened in the past and carried their trendlines forward.
Cup and handles typically take 1-4 weeks to play out. 14% of the float is shorted but RKT has less than 1 days to cover. Making RKT a pretty weak short squeeze opportunity IMO . But I do like the value for RKT and the chart set up, I worry about what a rising rates environment would do to their business (higher irates less people looking for homes)
RKT could possibly have gone through textbook accumulation breaking up from the spring on relatively low volume. I would like to see a retest of liquidity at 18.20-18.60 for more validation, but we might not get it. Look for a pullback at mid point.
RKT trading in a sideways trend. Fundamentally strong company. Low risk high reward entry with possibility for all time bottom
This is going to be beautiful once it gets over support again, nobody wants it down here, going to get exciting.
Daily chart on RKT shows the MACD closing red and about to turn green. RSI is just above the oversold territory and if you look back on previous highs it happens when the MACD is green. We can see a move up towards previous highs or see a move halfway up around the 28 dollars range. Like RKT for the long term and continue to hold half of my position.
Can RKT go even lower for even more accumulation?! Just an idea.
$RKT Rocket Mortgage this is amazing long term entry area I will be adding RKT to my long term this month accumulating under $20
Earnings were good and i am shocked at how low this has gone. This is a great company that i see growing even more and bring in bigger profits. The whole market has not cooperated at all and i believe is the reason why RKT went down. Chart doesnt look great but will hope for the overall market to turn around soon, and still holding my positions despite being down.
Title says it all wait for a drop back to $18/$20 then get long leap options calls - Not Advice
Rocket Companies Inc is a Detroit-based company helping its clients achieve the American dream of home ownership and financial freedom. Its flagship business, Rocket Mortgage offers government sponsored enterprises (GSE)-conforming and government insured mortgage loan products, which are marketed in all states through the internet, national television and other...
Hi, this is my new update for RKT. In the last 3 days RKT has fallen over 20% and we broke the support levels $21.40 and $19.40 to reach all the way down to the last and most important support level $17.90-18.10. So if this level holds, then I expect we are going to close the gap in the near future. + Right now we have RSI under 30, so that indicates that RKT has...
Rocket Companies Q1 earnings are on 5/5 at 4:05pm. Rocket Companies (RKT) reported Q4 December 2020 earnings of $1.12 per share on revenue of $4.7 billion. The consensus earnings estimate was $0.86 per share on revenue of $3.8 billion. Q1 March 2021 Consensus: EPS: $0.86 Revenue: $3.82 B P/E: 12.76 R3 = $24 R2 = $23.36 R1 = $22.62 pivot = $22.03 S1 =...
Here is some Technical Analysis that even Ham the Astro Chimp would understand. In fact, I am writing this explicitly to him. Yo ham, Check this shit out. You think this chart is about to flip bearish AF and live up to it's namesake? Or is this the proverbial DIP? Stay lifted, **** So anyway, either the history of price action above becomes resistance...