Long

$RKT - ROCKET COMPANIES INC // LONG

Updated

is flagging towards .618FIB level, which could bring a potential inverted head and shoulders.
is profitable and should keep benefiting from low interest rates and a shift in consumer preference post pandemic.
Stop-loss and targets are given in the chart.

Note

Target 1: Reached

Note

Target 2: Reached.
It wont surprise me to see this even higher. This stock has over 30% of short float. and lately all heavily shorted stocks have been acting like this after WSB.
Trade carefully. I closed half of my position here

Trade closed: target reached

lordbr

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