RKLB is almost oversold on the 1D timeframe (RSI = 31.788, MACD = -0.150, ADX = 26.851) which makes it an automatic technical buy for the long term. Besides that, the price has entered the long term Support Zone that commenced on the June 30th 2022 Low. The pattern is identical to the March-May 2023 bottom. Once the 1D MA50 breaks again, we expect a very...
Rocket Lab (RKLB) just formed a Death Cross on the 1D time-frame, almost a full month after rebounding near the 1.5 year Support Zone. This is technically an Accumulation Zone that the stock tends to make on that Support Zone before starting a parabolic Rally to the Higher Highs trend-line.
In fact it was the 1D Death Cross formed on March 15 2023 that started...
🚀 Rocket Lab (RKLB) achieved ten successful launches in 2023 and secured a $515 million US government contract, leading to a 22% surge in shares.
The company's success contributes to a 40% increase in shares this year, maintaining a bullish sentiment with an upside target of $7.50-$8.00 and support at $4.00-$4.10. 📈🛰️
#RKLB #StockMarket
Rocket Lab USD (RKLB) has been consolidating for exactly one month (blue Arc pattern) after touching the Higher Lows Zone and now uses the 1D MA50 (blue trend-line) as its Pivot. We can see the very same consolidation pattern during the previous two market Lows (April - May 2023, June - July 2022), which gave enormous rallies of +114.46% and +105.08%...
RKLB is trading inside a Channel Up for 15 months and is near its bottom HL trendline. Being bearish but close to neutral on the 1D technical outlook (RSI = 43.294, MACD = -0.060, ADX = 22.552), the price is undergoing a similar Bottom formation as March-May. On both sequences the 1D RSI was rising on an HL trendline.
Having completed a -50% decline from the...
Long RKLB, had a good short from the monthly highs I should have held longer, not complaining but yah live and learn. See triple bottom/I h & s here. Longing with tight stop. Not advise, good luck.
Rocket Lab USA (RKLB) has completed a sharp decline of -36.50% that hit the Higher Lows trend-line from the April 06 Low. By doing so the 1D RSI has turned vastly oversold at 16.00, the lowest it has been ever in its history.
A Channel Down has emerged and technically this is a Lower Lows buy opportunity. As long as the Higher Lows trend-line holds, we will be...
RKLB has been gaining attention lately after Launching 7 Satellites that warranted its series of daily price rise. For this week alone (not yet done) the stock surged 27% already, and 40% for July alone. And it looks like the the stock's Growth journey to space is not yet over.
Volume has surged by an impressive 131% this past few weeks from 5.7M to 13.22M --...
In comparison with perceived market-leader SpaceX, Rocket Lab USA's (NASDAQ: RKLB) valuation is underwhelming. Given its $2.5 billion market capitalization, Rocket Lab is eclipsed by the $127 billion SpaceX. However, analysts believe that assessing Rocket Lab's true worth warrants a look beyond its immediate financial results and into the pieces it is adding to...
It looks like Rocket Lab may still have some fuel in the tank. Following along the current fib and RSI position, it looks like it may reach the $16.40USD mark tomorrow.
Looking for accumulation momentum to carry VACQ to the 1.61 fib of current range.
Alternatively, we could range through this accumulation zone for a while longer. Key fib levels marked
Vector Acquisition Corp NASDAQ:VACQ
What a brutal drop! But I'm still holding on and in fact, accumulating more for the Rocket Lab IPO.
I'm definitely not a professional advisor and this is not professional advice.
Rocket Lab in the news:
Rocket Lab has now delivered a total of 104 satellites to Earth orbit.
www.space.com
Rocket Lab's next reusable...
NASDAQ:VACQ
I spot a nice triangle (or wedge?) signaling a major breakout. No idea if it's to really to the upside but my guess is that it's going green. There's that recent announcement that Rocket Lab is going public via SPAC called Vector Acquisition (VACQ) is promising. This IPO could be a game-changer. I'm still researching the company but they seem to have...
