RKT: Ready to start a downward trend
RKT broke out of a strong resistance zone around 12:20
This downward movement was more related to the current economic problems of the US.
US Treasury yields are very high, thus directly affecting this stock. Rocke companies part of the in lending sector. The higher the interest rates, the more it will affect lending, thus reducing the profits of this type of business.
I think RKT could fall to $9.9 and maybe $7.3 if this situation continues for a long time.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
RKT broke out of a strong resistance zone around 12:20
This downward movement was more related to the current economic problems of the US.
US Treasury yields are very high, thus directly affecting this stock. Rocke companies part of the in lending sector. The higher the interest rates, the more it will affect lending, thus reducing the profits of this type of business.
I think RKT could fall to $9.9 and maybe $7.3 if this situation continues for a long time.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.