Which Robotics Stocks Are You Watching?
This stock's pattern is an intermediate-term trend correction to bottom formation that is near completion. It may head sideways for a bit, but when it does breakout of this consolidation, there is potential for swing style runs to develop.
A Dark Pool buy zone triggered at the bottom's lows. And there are Pro Trader footprints in each run out of a new low.
ROK is in industrial automation, aka Robotics. There is a huge demand building for manufacturing via robotics in the US as many manufacturers are no longer reliant upon Chinese manufacturing, which has become more expensive in recent years. Robotics can easily displace human workers globally as it becomes more popular and used extensively. Hence, institutional holdings is quite high in this company. The So this stock may also be suitable for longer-term investment opportunity.
A Dark Pool buy zone triggered at the bottom's lows. And there are Pro Trader footprints in each run out of a new low.
ROK is in industrial automation, aka Robotics. There is a huge demand building for manufacturing via robotics in the US as many manufacturers are no longer reliant upon Chinese manufacturing, which has become more expensive in recent years. Robotics can easily displace human workers globally as it becomes more popular and used extensively. Hence, institutional holdings is quite high in this company. The So this stock may also be suitable for longer-term investment opportunity.
Martha Stokes, CMT
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.
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