$RKT Today was the lowest VOL day since the IPO; the two previous days were the 2nd and 3rd lowest days after today. VOL is -76% of the average from the 1st trading day and -69% below the 10-day average. We're 9 trading days from the 52W H of $34.42. The avg analyst PT ($29.08) is 25% above today's close. The 52W H is 48% higher from here. $22.50 would represent a 30% gain to the avg PT, and 53% back to the 52W H. Both of those numbers will be back in play, IMO, before Q3 earnings. If you're long - and don't like watching the bottoming (pre Sept options expiration) process - take a couple days off from watching the process.
  • 10