RKT Long
RKT is showing seller exhaustion here in a falling wedge. Triple MACD and RSI classic bullish divergence on the 4hr and the daily. I think there is solid potential for a reversal here. If not, the stop loss is clear. You don't really want to fall below the last low.
Entry: $14.21
Stop loss: $13.50
1st Target: $16.50
2nd Target: $17.75 (near the top of the falling wedge)
Entry: $14.21
Stop loss: $13.50
1st Target: $16.50
2nd Target: $17.75 (near the top of the falling wedge)
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