Cup and Handle. Bullish. Target: $42

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Greetings.

I'm bullish on RKT largely based upon the C&H formation, which is a bullish formation. RKT IPO'd last month, so there isn't enough historical data to determine if this is truly a bullish trend. I'm naturally optimistic and therefore have a bullish bias.

Happy Trading!

Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss.  Loss of principal is possible. Please exercise your own due diligence.
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I just added 400 shares of RKT to my portfolio. RKT beat estimates by 2300%. Here's an updated support/resistance chart:

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Chart PatternsTrend Analysis

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