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 fails...this could trigger a deep reversal $8.50 minimum
I have already removed all profits and left some $11 CALLS as runners ... these are free plays and no risk to me. if price moves up early in trading week prior earning may grab some cheap $8 PUTS.
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