Rock-Tenn Company (NYSE:RKT) Bounce Level Revealed $RKT

Long

Rocket Companies, Inc. (BATS:RKT)

BATS:RKT Rocket Companies, Inc.

Rock-Tenn Company (NYSE:RKT) is falling into major support at $110.60. This is the area to expect a solid technical bounce. The stock market and Wall Street has punished this stock over the last two days. The 52 week high was just hit on Monday at $126.05. The stock is now down almost 10% from that high. Look for a bounce off the $110.60 level of support.

Gareth Soloway
Chief Market Strategist

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