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Rocket Companies, Inc.Rocket Companies, Inc.Rocket Companies, Inc.

Rocket Companies, Inc.

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RKT to move higher before earningsU shaped recovery. Potential cup and handle in formation here. Q2 earnings coming up on September 2nd. I think this stock will run up before earnings as expectations will be high. This company is profitable and business has never been better. CEO said that they are more profitable when volumes are high which I think will be the case. This is a mortgage company trying to obtain a tech valuation. Not sure it will get a tech valuation but good earnings will drive this stock higher.
NYSE:RKTLong
by vlions12
Rocket Companies Inc UpdateAs you all can see what I'm anticipating with RKT. A barrier formed at the high end of the curve which is pretty significant, and even if it's not "respected" it can serve as a great area to re-enter the markets. The highlighted area signifies potential profit margin if Price Action starts to head to the downside. However, even if that were to take place there's a HUGE order block nicely positioned down below waiting to be touched for the very 1st time... dare I say like a virgin. j/k I'm interested in $19.90 - $20.46 IF price reaches it! We all shall see..
NYSE:RKT
by ChrisJTradesFX
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