Thread by @malteseinvest

Analysis: #NYSE $RKT

Case 460 #Rocket Companies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#RKT 1/4

Chart 1
Daily Chart: Price has stalled at the synthetic #resistance at 34.16 and profit taking has ensued. Strong break below the Aug. 2020 #trendline support has left an unfilled gap between 19.15- 30.61. Mild .....

RHT 2/4

..... #support seen at the 24.90 pivot with #SMA 20 at 24.62. Farther down the #Fib. 0.618 at 23.96. The danger is a break below 17.50 targets 16.06- 15.94. Synthetic support at 10.38 must contain any downside probes.

RKT 3/4

Chart 2
4 Hour Chart: The #Strategy is printed on the image.

$RKT 4/4

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