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...
Taking a look at RKT here on the daily
As long as this name can hold above the $11 range I think there could be some big upside in the weeks. Months to come. This is a longer term play. Maybe till around June but after a huge pump up and a fall back down to earth to reset and test support, I think we could get some movement here.
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NASDAQ:CLRB ...
I believe this code is at a point of potential volatility.
If price can hold above $3.50 ... Bullish potential may be unlocked.
My key upside targets include:
- $5.70 (Conservative)
- $6.80 (Medium)
- $9.95 (Aggressive)
...
Rocket Companies is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions.
Bias: Buy/Long
So I am looking for some information on why investors are thinking RKT is a good buy right now. I see some technical that suggest it might be, but from a fundamental standpoint and economical standpoint I feel this company is a short.
This company has negative earnings and is in a highly competitive market. True there is talk about interest rates dropping. But...
RKT has a lending arm that puts it in the buy now pay later category. This sector is hot RN with affirm leading the way retest on the 15 min TF is complete and the next target is marked on chart
I got on a stock market kick today and rocket has broken trend stochastic is oversold and we are retesting the underside of the trendline. SO.....short i say
Id look to go long anytime before it breaks resistance of $11.34 USD, it would be better for price action and waiting for confirmation however if the uptrend were to continue further with the fundamentals working slowly in favor for RKT under these high interest rate environment this could also be a potential LONGer play. price target of $12-14 MINIMUM
use...
RKT has been rising on low volume, but rates havent started coming down yet. I see one more liquidation event before continuing up while rates decline. There next earnings is probably going to be very bad, so maybe that would be a catalyst. Whenever it starts moving, it will probably move fast either way.
recent bounce from 50SMA/trend support, now trying to clear 100SMA and resistance zone..
if it can cross 11.60 a quick rally to 13.90 and higher is possible!
boost and follow for more.. thanks ♥
ROCKET is displaying a technical setup of STRENGTH right now...mainly the shorter 100 Ema crossing over the longer 200 EMA Daily Timeframe...😍 golden crossovers 🚀 . Good earnings and we pop over resistance... this could be a really nice upwards play to minimum of $17 after resistance of $11.41 (100 EMA weekly timeframe)
If this 3rd attempt to break resistance...
A sweet technical setup of strength. Attacking that resistance for the third time but from a stronger position. The 100 EMA is crossing over the 200 EMA, 10 CALLS $11 strike ...8/4 EXPY paid .27 cents currently .35 cents,,,if good earnings may convert to shares for long hold.
The nation’s largest retail home lender Rocket Companies (NYSE: RKT) introduced ONE+, a new 1% down home loan program. That may be a recipe for disaster for RKT, as it encourages more people to buy homes and increases the risk of these people not being able to pay their mortgages, especially since the program is aimed at low-income Americans. If enough people can...
🧐RKT: Is Rocket Companies a Good Stock to Buy❓❓❓
Technical and Fundamental Analysis! Stock Trading Strategy!
In this video, we'll go into some detail about Rocket Companies and why it might be a good buy.
I have looked at some details about the financial statement and
also the current price position of the technical analysis.
You may find more details in the...
