Rocket Companies, Inc.
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RKT: Setting UP For A Bounce?

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Sure it is ladies and gentlemen , RKT finally coming to Papa again.
RKT didn't hold its Zero Line and it came back down to square one.
RKT is in the 4hrs TF buying zone. We have the Weekly in Bullish Mode with plenty of TIME to the Upside and we have the Daily in Bearish Mode and about to complete its Bearish Cycle and also at this moment in TIME the 4hrs TF is about to complete its Bearish Cycle meaning that the Daily and the 4hrs TFs will be in sync at the "Make it or Break it Point" the question is, Will the TIME be right when they get in sync? That nobody knows but we can speculate by the price action on the 4hrs TF and we can say yes the probabilities are to the Upside so we take a position ahead of the crowd .

Play it right....................Play it safe..................Play it The Numberfive Way.

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Time to protect profits ladies and gentlemen. You know the drill.
RKT entering first profit taking area. Once it test its Zero Line and breaks it and as long as price stays above it bulls will have control and push price higher to the second profit taking area.
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After breaking out and entering First Profit Taking Zone, price tested its Zero Line and it was rejected but there's still plenty of TIME for a second try. Bulls still in control so expect prices above the $15 zone during this week.

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