RKT trade ideas
RKT: Another Wonderful Trade-BUYPlease don't forget to FOLLOW, LIKE, and COMMENT ...
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$RKT Day 5....Original chart still in play, still liking the long term. I give it two days, if there is one more drop to upper $18's I'm still good to watch the reversal.
RKT LongInverted Head and Shoulders
Entry 20
Stop 17
Target 29
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Loading up on RKT. Will increase my position on RKT. Do not sleep on RKT. There commercials are in every channel, and there earnings were great. This can skyrocket any day.
RKT analysis expecting it to come down to the lower 18's collect the last bit of liquidity before going on a nice run to the mid 20's at a minimum.
the party starts above $22.50has been consolidating over the last few days on the hourly.
see linked chart for bigger picture inverse h&s forming a solid bottom in this range.
yes, this thing moves like a snail. PAYtience amirite.
RKT Day 4....Rough drawing, but going back to previous thought, one more down move then let it rip...
$RKT Day 3....Still holding well, but no confirmation breakout. Looking for over the $20.68 volume shelf. If we breakthrough that, we should be good for awhile.
RKT ready to move up. RKT seems to be trading sideways, and looks ready for a move up. What is not to like about RKT. Billion dollar buyback of its shares and billion dollar revenue in there latest earnings. Strong hands needed for this stock.
