Rock-Tenn Company Bounce Level Revealed

Sep. 18, 2013 11:39 AM ETWRK
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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype while calling major and minor moves in the DOW, NASDAQ and S&P, commodities, currencies and stocks. Mission Statement: Our goal is to provide accurate and precise market guidance without the Wall Street hype.

Rock-Tenn Company (NYSE:RKT) is falling into major support at $110.60. This is the area to expect a solid technical bounce. The stock market and Wall Street has punished this stock over the last two days. The 52 week high was just hit on Monday at $126.05. The stock is now down almost 10% from that high. Look for a bounce off the $110.60 level of support.

Gareth Soloway
InTheMoneyStocks.com

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