RKT is flagging towards .618FIB level, which could bring a potential inverted head and shoulders. RKT is profitable and should keep benefiting from low interest rates and a shift in consumer preference post pandemic. Stop-loss and targets are given in the chart.
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Target 1: Reached
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Target 2: Reached. It wont surprise me to see this even higher. This stock has over 30% of short float. and lately all heavily shorted stocks have been acting like this after WSB. Trade carefully. I closed half of my position here