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TradingNomadic
Oct 31, 2021 8:07 PM

$RKT Falling wedge, Divergence, Spring/Backtest Long

Rocket Companies, Inc.NYSE

Description

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.
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