Bought 500 Shares of RKT at $22.75

 

• Had been watching this stock for a while since the pullback from last quarter earning report. The trend looked like it's reversing. Saw it today in the increased volume scan, and hourly chart seemed stable at the low point.
• This is an online mortgage finance company recently IPO'd and is making money already. Potential upside is big since the real estate market is pretty good right now.
• Stop loss set at $21.39. Estimate loss is ~$680.