ROCKET COMPANIES NYSE:RKT - Apr. 5th, 2024 BUY/LONG ZONE (GREEN): $13.55 - $14.75 DO NOT TRADE/DNT ZONE (WHITE): $12.80 - $13.55 SELL/SHORT ZONE (RED): $11.50 - $12.80 Weekly: Bullish Daily: DNT 4H: Bearish The weekly timeframe has a bullish trend with strong bearish momentum on the most recent candle as the week is wrapping up. The daily timeframe has a...
ROCKET COMPANIES NYSE:RKT - Mar. 5th, 2024 BUY/LONG ZONE (GREEN): $12.35 - $14.20 DO NOT TRADE/DNT ZONE (WHITE): $11.75 - $12.35 SELL/SHORT ZONE (RED): $10.20 - $11.75 WEEKLY: Bullish DAILY: Bullish 4H: Bullish Bit messy today but hoping this provides more insight and support into how I've been following price movement. Labeled previous bullish trends letters...
RKT is on the last support line (BUY ZONE) BlueWave will give a nice green dot buy signal soon
RKT Current Price $20.67 Price Target $27 This is a value play with amazing long term growth potential given the technology RKT has that has attracted a young customer base.Trading at less than 10x FWD earnings RKT is very attractive here. The chart set up is also very important to note RKT is printing a cup and handle pattern which is a bullish signal. Rates...
This is going to be beautiful once it gets over support again, nobody wants it down here, going to get exciting.
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...
set buys for around $20 with a SL below bottom TL support in case shit get ugly Fam.
Accumulation and massive nesting under the IPO anchored VWAP. With it's first ER today after hours, we'll see if it pops at last.
NYSE:RKT Fib retracement is complete, bullish bounce on the 4HR. Entry- $20 $25 1 PT $35 2nd PT I like to use the K.I.S.S method of investing, Keep it simple stupid! This is not financial advice, I'm a poor bastard so probably be best not to listen to me. However, this setup looks nice. $RKT has been rangebound from shorts since its IPO I like it to break...
Good afternoon everyone, This is my first post on this account but I have been spending the last four years or so analyzing technical analysis on equities, futures, and crypto currency. Almost all of my published ideas will be based on the following three principles/rules. 1. 1% Risk: This is the most important rule in my trading technique. No one should EVER...
Looking at $RKT for a break out of the wedge it has formed since September. Volume has decreased since IPO and I've added two important Fib levels to look at if RKT wants higher. ER run up should be a catalyst for it.
Inverse Head and Shoulders RKT is still below the neckline of a 3 month inverse head and shoulders. Both variations of the head and shoulders are two of the most popular formations in trading. It attempted a breakout during the week of December 18th, crossing the $22.50 neckline, but rejected & stayed in a downtrend since. The measured move on this pattern gives...
its been consolidating and forming an inverse head and shoulders, and most recently we flipped resistance to support, as long as that support continues to hold I can see us making some large moves upwards.
If we close one weekly candle above $23 so are we done here. 100% bullish
RKT broke out of the falling wedge last week and it jumped big. But didnt run enough bc spy was falling. RKT seems to be forming a strong support around 20.73 and i see it running more next week. Entry: 20.81 (0.236 fib) SL: 20.50 (tight SL) PTs: 21.35, 21.89, 22.76 Bullish over 21.06 (local resistance)
Keeps rejecting the upper trendline, A break out of this wedge would be explosive PTs: 23, 25