spacman

RKT most bullish scenario

Long
NYSE:RKT   Rocket Companies, Inc.
This is what I see as the most bullish outcome for RKT. Personally I don't think we will se it coming close to the all time high levels again before closer to Q3 or Q4 2021, although the H&S pattern shows us that a move to ≈27 is very likely in the next few weeks or even months. I won't go into the fundamentals of the company on this post, although I will say, they look decent/good, therefore holding the stock for the next couple of months won't be risky at all, as I could never see the stock going lower than 17,65. In conclusion, I think this is a stock with a lot of potential up-side and very little risk at this moment of time. It's a great 'speculative' play.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.