$RKT Rocket Companies On Reversal Watchlist
Potential long entry developing in RKT .
resistance currently from the Point Of Control (redline)
in confluence with horizontal candle resistance @ $23.00
Alert set for a move above $23.20 where a entry will be evaluated
dependent on volume.
A safer entry level is above $24.57 where volume resistance greatly reduces.
Volume remains good and the Moving averages have crossed bullishly and are
now in a bullish trajectory.
Targets as per Fibonacci levels. with $26- $28 as reasonable expectations.
