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Rocket Lab USA, Inc.
Long

RKLB Begins Uptrend

By Not_the_richest_man_in_Babylon

  • RKLB received a reaction from the support level it has been testing for 2 years and managed to break the downtrend it has been in for the last year.
  • I bought at 4.65 and I plan to add if it gives me the opportunity to buy again below 5 dollars.
  • The first target is 7.6. If it exceeds this level, the next targets are 10 and 14 dollars.
Comment
snapshot

RKLB was pulled back by the market correction before it could rise enough, but now it has started to rise again. We are almost at the first resistance level.

We may get a response around $7.7-8 and we may see some pullback, but I think it will go above that in the long run.
FibonacciFundamental AnalysisrklbrocketlabstocksignalsstockstobuySupport and Resistance

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