Stock Of The Day: Will The Rocket Companies Breakout Hold?
Rocket Companies(US:RKT) Benzinga·2026-01-12 17:18Rocket Companies, Inc. (NYSE:RKT) shares are consolidating on Monday. They rallied more than 10% Friday. The move came after President Trump outlined a plan to buy mortgage bonds. This could make homeownership more affordable.Now, traders and investors are watching to see whether the rally will hold and continue. This is why we have made Rocket Companies our Stock of the Day.Rocket broke out on Friday.A breakout occurs when a stock clears a resistance level. Resistance is a price level or a narrow price ra ...