Company Overview: Rocket Companies, a fintech mortgage loan originator, entered 2024 with strong momentum. CEO Varun Krishna highlighted top-line growth acceleration for the third straight quarter and the highest profitability in two years, along with expanded market share in both purchase and refinance sectors. The company is leveraging its proprietary AI tech...
PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action by the second upper anchored VWAP band. The H & S pattern neckline is about 63. The...
EXFY recently had an earnings beat and has bullish momentum. While on a sixty minute chart it may appear to be overextended, in the context of an all-time-high of about $50 perhaps it has as much as 20X upside. EXFY rose from the earnings beat and then retraced and reversed the retracement. I see it as a long wing trade perhaps until the approach to the next...