Rocket Companies Inc

RKT remains in a pronounced downtrend below all key moving averages after decisively breaking its $13.50–$13.75 support base. The Support Failure pattern signals accelerating downside risk, warranting a sell-now posture on any rally into the broken support-turned-resistance zone. A failure to reclaim above the 20- and 50-day EMAs would reinforce bearish continuation towards the 52-week low.

• ↑Q2 revenue $2.78B (+5.4% YoY) and adj. EPS $0.16 drove highest profit in four years
• ↑Purchase share rose to 6.2% and refinance share to 14.3%, reflecting robust market gains
• ↓P/E ratio near 93.5x implies high valuation unsupported by earnings growth