History will rhyme againWhenever $RKLB has been in this area she always ran back up to around the $6 area.
A break of the descending triangle to upside would be the real queue.
I'm in at $3.85 I think I can get a dollar per share. $4.85 seems like a good short-term level for her to run to.
Good luck
1RKLB trade ideas
Sheesh big engulfing$RKLB shares fell and then rebounded throughout the day.
The candle we see on the 4 hour is good indication that the price will continue to rise.
People have price targets in the $9's. That's a tad less than a tripple.
In a risk off environment it can happen.
We'll see for now, just cut it when it becomes a weed.
$RKLB - I am calling bottom! I am calling the bottom #RocketLab stock. Why? #RKLB bounce every time it hit $3.71 area. Its inside the descending triangle. If it breaks out it could reach to $7.50!
Target 1 - $5.29
Target 2 - $6.40
Target 3 - $7.50
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
$RKLB - Can reach $7.25#RKLB is in potential Cup and Handle pattern with the neck line around $5.75. If it breaks above 5.75, the price could head to $7.25.
target 1 - $5.75
target 2 - $7.25
Risk - fall to $4.33
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
$RKLB - Descending Triangle Basing and could see reversalRocket lab has been basing inside a descending triangle. If the price can break above $4.34, it could head back to $5.34. If $5.34 breaks, $7.31 is not impossible.
With CPI data tomorrow, the technicals have a risk of invalidation.
Target 1 - $5.34
Target 2 - $7.31
Risk - fall to $3.60 and worst case $2.18
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
RKLB moonshot storySPACs are out of favor. I expect they'll continue to be a source of funds for many investors as FAANG and QQQ sell off further.
However, we are establishing some support >$3.53-3.80/share. If this truly is the bottom, the upside could still be massive.
Rocket Lab is going to the moon (the real one):
Their launch cadence is increasing (see chart)
Their success rate is high
They are building bigger, reusable rockets (driving cost down)
Rocket Lab USA, Inc.Wednesday, 26 October 2022
22:33 PM (WIB)
ROCKET LAB IS AN END-TO-END SPACE COMPANY DELIVERING RELIABLE LAUNCH SERVICES, SPACECRAFT, SATELLITE COMPONENTS, AND ON-ORBIT MANAGEMENT.
Space has defined some of humanity’s greatest achievements, and it continues to shape our future today.
We’re motivated by the enormous impact we can have on Earth by making it easier to get to space and to do incredible things there.
The satellites we build and launch are enabling innovation and exploration, they’re keeping countries connected and borders protected, they're monitoring weather and managing waste, they're providing insights on climate change, and helping us manage resources for future generations.
With our Electron rocket and Photon spacecraft, we’ve simplified space, making it easy and affordable for companies, scientists, researchers, governments, entrepreneurs, and students alike, to get their ideas to orbit. We’ve opened up a solar system of possibilities for innovation, exploration, and infrastructure in space to make for a better world down here on Earth. Building on Electron’s heritage, we’re developing a new 8-ton class reusable launch vehicle to deploy the constellations of the future.
Come and visit the website for more details about Rocket Lab USA, Inc.
Rocket LabThursday, 13 October 2022
22:11 PM (WIB)
ROCKET LAB IS AN END-TO-END SPACE COMPANY DELIVERING RELIABLE LAUNCH SERVICES, SPACECRAFT, SATELLITE COMPONENTS, AND ON-ORBIT MANAGEMENT.
Space has defined some of humanity’s greatest achievements, and it continues to shape our future today.
We’re motivated by the enormous impact we can have on Earth by making it easier to get to space and to do incredible things there.
The satellites we build and launch are enabling innovation and exploration, they’re keeping countries connected and borders protected, they're monitoring weather and managing waste, they're providing insights on climate change, and helping us manage resources for future generations.
With our Electron rocket and Photon spacecraft, we’ve simplified space, making it easy and affordable for companies, scientists, researchers, governments, entrepreneurs, and students alike, to get their ideas to orbit. We’ve opened up a solar system of possibilities for innovation, exploration, and infrastructure in space to make for a better world down here on Earth. Building on Electron’s heritage, we’re developing a new 8-ton class reusable launch vehicle to deploy the constellations of the future.
Come and visit the website for more details about Rocket Lab USA.
Rocket Lab USAWednesday 5 October 2022
12:55 PM (WIB)
ROCKET LAB IS AN END-TO-END SPACE COMPANY DELIVERING RELIABLE LAUNCH SERVICES, SPACECRAFT, SATELLITE COMPONENTS, AND ON-ORBIT MANAGEMENT.
Space has defined some of humanity’s greatest achievements, and it continues to shape our future today.
We’re motivated by the enormous impact we can have on Earth by making it easier to get to space and to do incredible things there.
The satellites we build and launch are enabling innovation and exploration , they’re keeping countries connected and borders protected, they're monitoring weather and managing waste, they're providing insights on climate change, and helping us manage resources for future generations.
With our Electron rocket and Photon spacecraft, we’ve simplified space, making it easy and affordable for companies, scientists, researchers, governments, entrepreneurs, and students alike, to get their ideas to orbit. We’ve opened up a solar system of possibilities for innovation, exploration, and infrastructure in space to make for a better world down here on Earth. Building on Electron’s heritage, we’re developing a new 8-ton class reusable launch vehicle to deploy the constellations of the future.
Come and visit the website for more details about Rocket Lab USA.
Space the new frontier, should nuclear weapons be usedAll the Sci-Fi series and movies we watch, could trigger a run for Space exploration.
Especially, if we mess up our world with the use of nuclear weapons. Who will use it first?
Love also how NASA is also outsourcing alot of it's stuff out and Governments are looking to Rocketlab to launch satellites on it's behalf
$RKLB - Saucer or rounding bottomRocket lab has been in down trend and has formed a saucer reversal pattern with the volume increased on the right side of the saucer. However it was rejected at the lips of the saucer around $7.24 area and hence retreated.
The stock currently out of overbought condition from ER run up.
If the price retest and break above the $7.24 lip area, the stock have potential further upside to $9 area.
Target - $9
Condition - the price must break above $7.24 lip area.
Risk - retreat to $5.11
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Disclaimer: Not investment advice. Trade at your own risk.
Are Rocket Lab’s shares undervalued? 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 the game.
Looking beyond valuations, Rocket Lab had been operating at a loss for at least the last 12 months. Despite this, it saw its shares grow 26% over the last month. It hit $5.55 on Aug. 4 when its launched a U.S. spy satellite in New Zealand atop its Electron booster. It reached another high on Aug. 8 at $5.60 before closing the day at $5.45.
From a more macro point of view, Rocket Lab’s stock price is traveling in line with other SPAC listings, down 55% for the year-to-date. Which opens the question as to why it is not more in line with defense stocks, such as iShares U.S. Aerospace & Defense ETF (up 1.73% YTD), which appear to be benefiting from the increase in US defense spending.
Bearish Second-Quarter Forecast
Rocket Lab is set to announce its results for the quarter ended June 30 on Aug. 11. It expects EBITDA loss to be between $3.5 million and $5.5 million and for its revenue to be somewhere within the $51 million to $54 million range. The company is expected to record normalized loss per share of $0.06.
In the first quarter of 2022, the company recorded adjusted loss of roughly $8.0 million and a 124% year-over-year hike in revenue to $40.7 million. Despite the bearish expectations for the upcoming results, it can be observed that the loss Rocket Lab has been reporting becomes less than the previous period. The company may not be far from breaking even at the rate it is going.
Retaining Confidence
The Aug. 4/5 launch for the U.S. National Reconnaissance Office managed to boost confidence for the company, enough to lift its stocks to $5.55. The mission marked the 146th satellite deployment from the Electron booster to date. But as noted above, Rocket Lab may not have experienced the full impact of the increase in US defense spending.
Additionally, the company is currently developing Neutron, a reusable booster planned to be 40 meters high and to have a 7 meter diameter. It is a medium-lift rocket designed for the deployment of mega-constellations, human spaceflight and deep space missions. The first flight of Neutron is planned for 2024.
The reusable aspect of the Neutron could be a make or break product for Rocket Lab. If successful, the reusable Neutron can carry out more launches and generate more revenue over a definite period. It can eventually lead to better gross profits as it will help reduce production costs.
In this respect Rocket Lab may offer an asymmetric risk/reward at current valuation due to potential profitability gains, both through diversification and with attempts to reuse the Electron booster.
Updated Space Sector SPAC Market Cap ComparisonDon't invest in SPAC compznies normally during first year publically trading, still- for those of us eager to see the private sector unleashed on the final frontier...there is good money to be made, but requires patience and buying carefully after doing careful discounted cash flow analysis and figuring out proper points of entry and exit. Some spacs, like Astra, simply were never ready to be public.
$RKLB - May have found bottom. Reversal in playRocket Lab is one of most under appreciated space stock. I believe $4.27 was the bottom and the stock is in reversal. The $4.27 was 1.382 of fib extension support.
If the price can break above the upper trend line of the channel it could head to $10 to $11 area.
I am long.
Target 1 - $6
Target 2 - $8
Target 3 - $10
Not an investment advice.
$RKLB - Can we break out this time?Rocket Lab has been in a descending wedge and every attempt at breaking out of the pattern has been rejected so far.
It looks like a breakout is possible this time. If the price can break above $10, the pattern breakout is confirmed and the price can travel to around $15 with resistance areas along the way with $10 and $11.74 being most significant.
A bull might bet on a possible breakout with a stop loss below $7.50.
Target 1 - $10
Target 2 - $11.74
Target 3 - $15
Stop - $7.50
Risk - break below $7.50 and fall to $5.86.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
$RKLB - Possible descending wedge break out playRKLB broke down from the rectangle and paid the measured move in full. It has formed the descending wedge pattern with the price about to break out of the upper trend line area.
The breakout is confirmed if the price breaks above $10.20 area with maximum near term reach of $12.74 area.
If the momentum allows, the price could travel further up to $14.37 area.
If the breakout fails, the price could travel back to $8.40 and $7.50 area and could form a double bottom.
Target 1 - $12.74
Target 2 - $14.37
Target 3 -$16.37
Risk - failure to break above $10.20 and fall back to $8.40 to $7.50.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not investment advice.
Popular small cap growth comparisonThe stocks got hit hard recently, is it because institutional investors fleeing risk and reducing acceptable multiples for price to sales and similar metrics? Is there a real concern at all about these stocks surviving in high interest rate or recessionary environment?
RKLBRKLB is looking very neutral in gains for the next 112 days, so let's hope for an exponential increase near 112 days which is possible seeing the other peaks and the monthly chart. I would wait 56 more days to start purchasing. Check out the daily chart for the right dip when the time arrives. :)