May 04, 2025, 00:06 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RKT
Swing Trading Plans for RKT
- Buy RKT slightly over 13.37, target 15.9, Stop Loss @ 13.33 Details
If 13.37 begins to break higher, the technical summary data tells us to buy RKT just slightly over 13.37, with an upside target of 15.9. The data also tells us to set a stop loss @ 13.33 in case the stock turns against the trade. 13.37 is the first level of resistance above 12.62, and by rule, any break above resistance is a buy signal. In this case, 13.37, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on…