Rocket mortgage embodies more of a tech play then a financial IMO. Volume, short-term interest, technicals, and market sentiment suggests this will test $26 before earnings. Volatile play... trade smart.
I should have published about this asset a day or so ago. I've actually been tracking it since it's inception, but I will say that there might be an opportunity presenting itself soon to invest at (or near) the opening price. I'll be paying attention to Price Action to leave the necessary clues needed for me to react. Yesterday's P.A. had breached a level...
EXITED MOST OF MY POSITION FROM 18.3, 20% REMAINING RIDING TO 33
Wish i could gett more meningfull infornation about this company. Seems kinda quiet for an IPO.
WAS ALL THAT JUST TO CLOSE THAT GAP ? ARE WE DONE ? LET'S SEE.
Short Term View of RKT before a reset for the new stock.
I've traded this 2 times, first entry was at $20.18 and was out at on the reversal break of $25. Jumped in again at $23.62 and now looking to see RKT hold the $24.50 zone as support for a breakout over $25. If so, PT is $29.24.
should we buy now or continue to make a sell?
I GOT IN ON THE IPO YESTERDAY AT 18.00 AT OPEN. IT'S TRYING TO FILL GAP TODAY THAT IT CREATED. IF YOU'RE TRYING TO GET ON THAT WOULD BE A GOOD ENTRY. GOOD LUCK THIS ONE COULD BE YUGGGGE.
RKT expected to open at 62.00 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
Trend is so strong and bullish that some people started sell of, but trend is bullish as seen bouncing off 10EMA on hourly chart
Nice gap. Trapping some people for sure. Not my favorite gap and go of the day because the prior trend is so strong and bullish that some people will sell today.
Yesterday nuggets. visit breakoutbucket.com for full previous session list
Rock-Tenn Company (NYSE:RKT) is falling into major support at $110.60. This is the area to expect a solid technical bounce. The stock market and Wall Street has punished this stock over the last two days. The 52 week high was just hit on Monday at $126.05. The stock is now down almost 10% from that high. Look for a bounce off the $110.60 level of support. Gareth...