I’ve been out of $RKT for a while now, since it previously failed to breakout of an inverse head and shoulder pattern, but I feel more confident that it’s due for a large breakout leading to their next quarterly earnings (2/25). Heavily shorted. Multi month relatively sideways action. Lastly, announced a large stock buy back last earnings. If we get a run up to earnings, here’s my projection. Zack’s rating -1 (strong buy)
Bonus: They have two commercials set for Super Bowl!
Bonus: They have two commercials set for Super Bowl!
