$RKT - PLLLLEEEEEAAAASE I really want to see this moon again just because its been a fun ride last few times. Let's go Rocket!!
RKT trade ideas
$RKT - PleaasssseeeeeI really hope rocket does something fun here. This has been so painful for so long. If she pops big....steaks on me!!! GLL!!
$RKT - Getting closerShe's been a disappointment except for a few weeks since IPO. I would not be surprised if she disappoints again but the December 22c are pretty cheap for a long term lotto fun play. Very tiny position but we shall see :) GLL
$RKT - what are you up to.Rocket has been a disappointment except for roughly 10 days since its IPO. There were more good times but it has had a very hard time gaining and keeping momentum. This RSI on the 1 hour though has me intrigued. Disclosure I bought 12/17 $22c for $0.51 because I was bored and it looks fun. Plenty of time on it and did not buy much. This is for me not my clients.
$RKT 4hrI like the set up on Rocket with bullish triangle pattern, waiting for confirmation of candles before long entry.
RKT wants to take flight!Broke out last week after earnings. Coming to the end of descending pennant. I have these out for next year, it can go to 40 or maybe even 100?
TrendyTrades: RKT BullishBroken major down trend, could be seeing a push up from here with two PT's.
3rd Time A Charm for RKT?RKT 15 min chart showing a very touchy level at the 786 fib line. If broken and held above, this would be the 3rd time that it has done so in a short period of time. But will it stick this time? Strong volume and price action on Aug 2nd. Upcoming earnings will likely determine the trend for RKT stock heading into the middle of H2 2021. You've also got a little bit of the "meme stocks" trend to keep in mind. RKT has been part of this a few times over the last few months as well.
"Retail traders say, “I’m Not Leavin’,” as the hoard of Redditors began forming alliances. Subreddits like r/WallStreetBets, r/PennyStocks, and r/Stocks, all built massive followings of loyal members looking to collaborate, and, in some cases, commiserate with eachother and the market was the centerpiece...This mob mentality would ultimately stoke the fire that became the massive GameStop (NYSE: GME) short squeeze of 2021. The event would eventually spark interest in similar – or sympathy – trades like Express (NYSE: EXPR), BlackBerry Ltd. (NYSE: BB), and even Rocket Companies Inc. (NYSE: RKT). The new market niche of “meme stocks” actually sparked enough attention that a new ETF was created, VanEck Trust Social Sentiment ETF (NYSE: BUZZ)."
Quote Source: Why Penny Stocks Are The Focus For Reddit Investors In 2021
$RKT | Still A Valid Long SetupRKT is consolidating at the lows. Watch for a breakout of $18 & the flag for confirmation
RKT: A Bullish Movement Is Expected Very SoonAs we can see from the 4-hour chart the price is testing a very strong support area. Recently, $ RKT has made this place a favorite area for traders to buy at with full power. The Rocket Company is testing the area for the second time since joining the NYSE.
Targets:
$19.50
$22.65
Thank you and Good Luck!
RKT to the Moon!RKT broke out and looks like it's retesting the support. Good chance it will bounce off 18.93 or 18-18.14 support.
Either way, LEAPS play.
Company valuation has changed to ~30-50 area. Some analysis predicts it's valuation will be near $100 in the next 5 years!
RKT 24/06/2021 LongAsset and Time frame -RKT,1D
Entry Price -20.15
Exit(Stop Loss) -19.21
Exit(Take Profit) -25.92
Technical Analysis -Price has been going down and sideways for quite some time,we've had some nice volume at the bottom buying and a few candles afterwards a strong bullish engulfing, also price made an ABC pattern on the daily Fibonacci level with some significant candle and volume on the 61.8 level
RKT - Is in Buy ZoneRKT is on the last support line (BUY ZONE)
BlueWave will give a nice green dot buy signal soon
$RKT | Still A Long Above $16 $RKT retraced all the way back to the breakout structure. I still expect this to bounce and move higher.
Entries now with targets based on the arrows
$RKT | Rocket Companies Time to BuyRKT Broke out of a clear consolidation and is ready to move higher. Staying long
WATCHING $RKT for ENTRY TARGET @ 18.21WATCHING $RKT for ENTRY TARGET @ 18.21
I’m practicing to nail my entries better… if target hits I will take a position.
RKT - SHORT - GRIM OUTLOOK FOR THE FALLING RKTI was originally long on this position but things changed quick, I am glad I followed my rules and exited my long as a reanalysis is showing a grim outlook... H&S pattern present, blue arrows on chart show the potential fib levels that it will fall too
RKT - EASY RISK/REWARD TRADERKT looking like it could go either way, but im going with 60% chance it'll go up, 40% chance it will go down, either way this makes for a super easy entry. I'll enter this tomorrow morning set stop loss at the bottom balance support, profit target set at 22.35. This is a cookie cutter trade and great risk/reward for either direction. If anyone finds set-ups like these, enter them.
RKT heading northIn my last analysis I predicted that RKT will reach 23$ sooner or later. I still believe we will break this line and running against 28$ before we make the next rest.
