RKT to bounce off the lower trading range on Monday Yes I do think RKT will take off on Monday as the chart suggests. I think that trading range becomes more and more significant as RKT bounced of it two times and now found the support at it. The price was dropping in recent two dats but on the very low volume . Higher volume may take us higher. Long here. Stop loss 24.50, TP? ~28/ or if it breaks the upper trading range I will hold until the next resistance. I also it will grow based on the recent earning report which was a great surprise and shown that company has a lot of room for growth :) The best trades are a result of technical analysis connected with the fundamendal. I find the current setup as a very promising taking into accounts recent events. Longby kamileoUpdated 6
Daily inside bar on $RKT I like the set up here, we had a big move, pullback and surf of 10 day moving average, look to buy $RKT w a break of Thursdays high w volume, stop below low of yesterdays candle, take profits are 1-1, 1-2. 1-3 of risk. Preferable to take trade on above average daily volumeLongby Hiddenharmonicstrading1113
All Aboard the ROCKET! Hypothetical Wyckoff Accumulation ...Just one way it may play out, if it follows a classic Wyckoff accumulation phase. 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀Longby xenxes4
Target Acquired. Pull-backs necessary.Greetings All, Targets are blue. Pull-backs (retracements) are green/yellow. Yes it's overbought, but participate ;). We may be experiencing a SHORT-SQUEEZE event. Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.Longby chiefwils0nUpdated 141425
Ground Control to Major TomTake your protein pills and put your helmet on Ground Control to Major Tom (Ten, nine, eight, seven, six) Commencing countdown, engines on (Five, four, three, two) Check ignition and may God's love be with you (Two, one, liftoff) Dragon boosters have successfully disengagedLongby BoneFunkenstein4412
RKT - Long entry above $30RKT retraced from highs of 46 to around $29 which is at 61.8% Fib retracement and near the volume shelf. If this can sustain the selling pressure here and push upwards of $30, it may be a good entry for longs. If the selling pressure increases which looks like it is, we may see levels around $24.by SeaHawk_11338
$RKT - LOOKING FOR A BOUNCEDIP BUYING FOR A QUICK TRADE CAN BE A FANTASTIC MOVE ON TICKERS LIKE THIS. Longby clarkehimself111
Rocket Companies - Overbought - Pullback to $24 / $27RSI indicator showing that RKT is overbought. A pullback to $24 - $27 is very likely. For educational purposes only.Shortby BlueDimeInvestment553
RKT finally took off.Finally RKT made a move up, and it made a massive move up. Although the dividend they announced is very good i will be tempted to sell if we see this go higher tomorrow. The volume today was more than doubled the average even say it was tripled. Saw a few post on wallstreetbets about RKT and this can be a short squeezed event which can send the stock higher. MACD is bullish and the RSI is in the overbought territory. My plan for RKT is as i said. Will not sell unless this keeps going higher, and i will hold my shares til the dividend and then decide if i want to trim my position, or sell my position. I am bullish long term on RKT. Longby Dc1392112
$RKT as usual I was early...Didn't hold, reminder to be patient lol...well done all who held!by UnknownUnicorn3924154663
Looks like Insiders Know what is UP.Rumors of awesome Quarter are swirling, and a surprise ahead!Longby BoneFunkensteinUpdated 8
$RKT meme stock short squeeze!$RKT stock has now skyrocketed 113.6% over the past three days, since the company reported better-than-expected fourth-quarter earnings and announced a special dividend of $1.11 a share. S3 Analytics said there has been a "large amount of short selling" into the stock's (RKT) recent rally, with short interest interest increasing to 47.9 million shares, or 45.8% of the public float. "RKT's stock price and short selling activity is reminiscent of another recent highflying 'meme' stock- appears to have garnered some bullish interest from day traders on Reddit’s infamous WallStreetBets. it is near the top of the list of U.S. companies in terms of size of short bet by hedge funds, according to FactSet. That makes it a classic target by meme-obsessed investors, who have been storming together this year into shares and call options of heavily shorted companies in order to squeeze out short sellers. It was unclear of the size of the retail interest in Rocket at this time. A number of popular posts on WallStreetBet chatroom featured Rocket on Tuesday. One says “I like RKT. $1.7M all-in, let’s gooo YOLO,” and it quickly drew more than 1,700 comments. We expect the shares to normalize and again trade on fundamentals, however the timing is uncertain.” wrote Wells Fargo analyst Donald Fandetti “Our beta-tested social media stuff right now picked up on yesterday some really just hugely bullish comments over on the Reddit board WallStreetBets again. Najarian cited a jump in Rocket options trading volume following increased mentions on Reddit. Meme-driven chatter on Rocket was not nearly as intense as seen on GameStop, according to AI firm Accrete. The surge in Rocket could be a sign that the retail trading mania seen in GameStop earlier this year is still a factor. When a stock with high short interest jumps sharply higher, it could force short sellers to cover their bearish positions in order to limit their losses. The short covering tends to fuel the stock’s rally further. www.cnbc.comby AlenCiken2
Parabolic. WowGreetings All, Funny thing - I created this idea yesterday evening, but never published, because I thought.....nahhhhhhhhh. Boy was I completely wrong!!!!! Happy Trading ;)Longby chiefwils0n447
Soon it will shoot up like a Rocket Possible move:14-70% Reward/Risk: 1.7-8 (R/R>3 is Ideal) Time frame: 1-12wks Look for breaking upward This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations!Longby MoshkelgoshaUpdated 6
ROCKET TO THE MOON?Looking at the chart.. There is so much potential in this one.Longby MateuszZakrzewskiUpdated 222