RKT - SHORT SHORT SHORT
RKT has been trading below the 6-8-21 day sma and struggling to break through these moving averages which signals bearish. It's sitting above the 50day sma which is using it has a support. If RKT fall below the 50day sma I'd look to enter a short position and gap fill all the way down to the $19.50-$20 area.
Contract Suggestion:
RKT 4/30 21P @ .50
Contract Suggestion:
RKT 4/30 21P @ .50
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Please drop a like & follow so you don't miss any analysis that I post! Greatly appreciate it! Thanks!
Come join our community!
Twitter: twitter.com/Ross_Trades
-Ross Trades
Come join our community!
Twitter: twitter.com/Ross_Trades
-Ross Trades
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.