RKT - Long entry above $30
RKT retraced from highs of 46 to around $29 which is at 61.8% Fib retracement and near the volume shelf. If this can sustain the selling pressure here and push upwards of $30, it may be a good entry for longs.
If the selling pressure increases which looks like it is, we may see levels around $24.
If the selling pressure increases which looks like it is, we may see levels around $24.
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