Symmetrical triangle compressionRocket Lab ready to explode Price compressing inside a symmetrical triangle I suppose a strong upside move will soon happenLongby balinor1
Bounce incomingI think today price will bounce around 4,80$ to start a new upside movement Closing over trendline at 5.06$ confirm bullish trend will continue Closing below 4.68$ bullish trend will endLongby balinorUpdated 1
$RKLB - Can we see a turn?NASDAQ:RKLB Rocket Lab printed a hammer on Friday and closed above the 50DMA and a Fib, signaling a potential bottom. In the near term, the stock is trading inside a descending wedge, and a breakout could send the stock to $5.50. On the longer-term timeframe, the stock is trading inside a triangle with the cup and handle pattern, with a projected measured move of $7.50. In a bearish scenario, I don't think the stock can go down below the $4.60 to $4.50 area, barring catastrophic events such as a launch failure, war, etc. Upside targets: $5.50 $6.80 $7.50 Downside risk: $4.50 I post detailed technical analysis of stocks with targets. If you find my analysis helpful, follow me for more posts like this.Longby PaperBozz114
Breakout incomingRocket lab was on sell for many days.. I think it reached the bottom and is now ready to breakout descending purple line and start a new bullish trend Confirmation closing a 4H candle over 5.02$Longby balinor112
$RKLB - Get your dry powder readyNASDAQ:RKLB Looks like I am going have to get my dry powder ready. Looking like it is heading for the $4.60 to $4.50. It is basically close to wiping out all the gains from $550 million government contract announcement. Sometimes, I just don't understand the negativity on this stock.Longby PaperBozz1
RKLB Descending Triangle Breakout - SHORTRKLB looking weak after launch run, descending triangle pattern forming and just broke out below triangle support, target $4.00Shortby Aerospacer86224
Rocket Lab island reversal and bullish channel upRocket Lab complete an island reversal pattern and then started an upside trend channel I suppose a new bullish move will start very soon !Longby balinorUpdated 112
$RKLB Hitting FloorRKLB is holding onto $5.16 and if it breaches below, we could see the $3s again over the next few weeks. If it holds onto support, we should retest $6.15 and form a stronger base. by KuomingtangCapital0
Rocket Lab in upside channelRocket Lab getting more bullish yesterday with SMA200 support and moving inside a raising channelLongby balinor2
🚀 Rocket Lab (RKLB) 🚀 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 #StockMarketLongby Richtv_official117
$RKLB Support and Buying Opportunities Rocket Lab USA has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The price has reacted back after the break of the rectangle formation. There is support around $5.14, which now indicates good buying opportunities. An established break through this support will neutralize the positive signal. NASDAQ:RKLB is approaching resistance at 5.60 dollar, which may give a negative reaction. However, a break upwards through 5.60 dollar will be a positive signal.Longby DEXWireNews3
Long RKLBObserving this weekly timeframe alongside a four hour timeframe, there has been a strong accumulation around this price range. This may be a good time to enter LONG, calling for a bullish trend upon us. After being down for consecutive months since July and the consistent insider selling its being bought up around the lower $4 range. Itll have to break resistance around 5.22, beyond that would be 6.60 and finally my price target of 7.79. on the left side on the four hourtime frame ive added a volume weight average price indicator suggesting the bullish green candles are backed with good amount of buyers. on the right side we've gotten 3 consecutive green days or bullish candles buyers have deemed this price range cheap and a potential moment in time for the price to break out.Longby b58-nic0Updated 7
$RKLB - WTF?BOZZ stock update: NASDAQ:RKLB Ouch! Let's get real. How many of you expected to wake up, see the stock in the red, and then watch it close the day down nearly 11%? This, after a successful rocket launch, Powell's pivot, and a flood of great economic news? It's a bizarre failure-to-launch case. The company trades like a garbage stock so pungent that everyone steers clear of it. So, what happened? My theory: opex + day trader short frenzy. This stock is a day trader's short dream. You can genuinely drive the stock down and squash any momentum it has with about 50K to 100K shares. Why? Because it has a large float with disproportionately low average daily volume. Technically, you can see that since the stock broke below 200DMA, it has struggled to get above it. Thanks Peter. The moment it breaches or nears 200DMA, a hard rejection slams it down. Rejections are so hard that you could even develop PTSD from them. The accumulation distribution nosedives after today's sucker punch breakdown. Luckily, the POC support came into play; otherwise, it would have been worse. What could happen next? Well, I think the stock might attempt to launch from the POC area and strive to get above that 200DMA. The catalyst? Maybe fund managers and retail traders who missed this bull run, looking around for a decent company left behind in the dumpster in this bull run? I don't know. 🤷🏻 The price targets from the Dec 2 post still stand. I still anticipate reaching $6.50 in the medium term. But in the meantime, $5 to $5.50 is going to be a pain in the butt. So enjoy the pain. 😮💨 @Peter_J_Beck, I love you but you better not be selling the stock again. 😡Longby PaperBozz7
$RKLB - An updateUpdate to the November 11 Post: NASDAQ:RKLB Rocket Lab is currently trading within a symmetrical triangle, consistently testing the upper trendline. Both RSI and MACD indicators continue to exhibit bullish divergence. Notably, the accumulation distribution is at an all-time low, even as the price remains flat. The accumulation distribution is currently lower than when Rocket Lab was trading at $3.50. In recent days, it has started to curl up, suggesting that selling pressure may be easing. While the stock may experience an uptick leading up to the December 13th launch, the market appears to be awaiting this event to determine the next direction for the stock. Upside targets: $5 $5.50 (strong resistance) $6.50 Downside risk: $3.50Longby PaperBozz2
ROCKET LAB can give +100% return. Best stock opportunity now?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% respectively. Similar with today's pattern, each bottom was priced on a 1D RSI Higher Lows sequence, which is a major Bullish Divergence. As a result we consider this one of the best high cap stock buy opportunities at the moment, and aim for at least a +105.08% rise, targeting $8.20. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot8858
ROCKET LAB: Bottom formation complete. Expect strong rise.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 Channel's top, the stock will gives us the buy validation when it closes the first 1D candle over the 1D MA50 for the first time since September 5th. We will buy and aim for the 0.618 Fibonacci level (TP = 6.15) even though we may see a bigger rise to the top of the Channel Up for a new HH. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope11
$RKLB - Can it move up?NASDAQ:RKLB Rocket Lab is up against the upper trendline of the broadening wedge. While the price remains flat, both the RSI and MACD show bullish divergence, signaling the buildup of buying pressure. Conditions are favorable for the price to move upward. Everything depends on the success of the next Electron launch scheduled end of November. Potential upside targets: $5, $5.50, $6.50 Downside risk: $3.50Longby PaperBozz2
Long RKLB - RocketlabsLong 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.Longby A5gamakatsuUpdated 3
RKLB - Phase B Of An Accumulation?RKLB Had a big dump this week with the 1:1 Golden Window extension in Regular Trading Hours perfectly catching the low and this has only just exceeded the blue retracement GW. This is a great example of why it is important to use the 24 hour chart with Extended Trading Hours because outside of RTH RKLB dumped hard below the circled accumulative low. So this stab down went beyond the retracement low and a full retracement was completed. If you remember that a rule of the retracement GW is when it is significantly exceeded, then we can expect a full retracement. And so there is an interesting conundrum here because the full retracement already happened in one enormous stab down that then bounced outside of RTH. So its not entirely clear but this stab down will create inconsistency in liquidity and for that reason there is more chance that RKLB will explore down to the lows in RTH at some point. ... If we look at the way RKLB collapsed it was with high momentum and so this doesn't look like a retracement in a bullish trend. The initial move up did look bullish and appeared to show genuine growth rather than a sudden automatic rally short squeeze and that is positive but the momentum of this collapse entirely nullifies the uptrend. This suggests that we are beginning phase B of a Wyckoff accumulation where we've had a good pop showing some life signs but bearish momentum has taken over and this can potentially re-test the lows before the next bullish attempt. Now that RKLB has dumped, can you see how important that large bearish shakeout candle was that re-tested resistance? If you sold there as suggested before then you are doing very well now. What we are finding is that the size of the shakeout gives us a clue to determine how large the move will be in the opposite direction. Here we have a large shakeout candle and then a very large dump followed. As I have been saying, I'm very excited about this discovery because I have never seen this pattern addressed or understood in this way by anyone, not in any book or video, and it is a very lucrative realisation for both high and low time frame trading. In the last video we went through quite a few of these patterns that we have identified over the last few months and seen them play out so hopefully you are starting to have a grasp of how they work and how to identify them. Notice also there are are multiple of liquidity shakeouts at the top through resistance and also the 500 day MA. ... Ok so the large stab down and bounce on the 24H chart has printed a large wick which forms a strong bullish hammer candle and that is also a liquidity shakeout below the low which with liquidity tapped is also bullish because there is higher chance market movers will continue to move away from that liquidity pocket. And so there is a reasonable chance we will see a large bounce at some point soon. What I wrote doesn't prove we will see an immediate bounce and there could be some corrective price action first, but it signals that one is coming. Now looking to the RSI, it hit 20 and on the 4H and 1H chart it went below 20, so this also suggests a good bounce is in the pipeline. It may well be that the bounce has to tie in with indexes which are currently looking very bearish in the short term, but whenever they have a minor upside retracement then that can be the platform for RKLB to have a large but probably regressive (connective wave to go lower) bounce. So if you bought in the circled accumulation, that was a good buy and I would suggest that if you like RKLB and its a name you want to hold long term then you may decide to simply hold your position. That entry is right at the low for this area and there is a reasonable chance that will remain the value low area. This was previously our next buy area but due to downside momentum and bearish indexes it is a somewhat aggressive play to top up here for a long term hold. There is a chance that this is the value low right here, but I think there is at least equal chance that it will at some point down the road re-test the actual low. There is also opportunity for a somewhat aggressive short range swing trade here on the bounce. It is slightly dicey due to indexes looking bearish but looking at the chart alone it is on. So it could be worth buying a little here next week just for the bounce and we will look for a retracement ratio, MAs etc to sell in a little while. Also if you bought in the accumulation but its not ultra important for you to hold RKLB long term, you could partial sell on a bounce. For my preference if you have a long term view, to sell your entire position on a short term play is too aggressive but we all have to decide our personal level of aggression depending on our goals. If you want a simple life and you bought in the circled accumulation you may decide just to hold. That was a good entry. Be aware however that its not impossible that this whole area could end up being a connective wave to see another wave down. I think that considering how long RKLB has been in this area it is much more likely that this is part of an accumulation not a connective wave, but these high volatility names play deceptive games and conceal the sting in the tail so we should be aware that it could happen and not leave ourselves too exposed by having too much on the line. This chart is a great example of why it is important to stagger in to see how it develops and also it was a great example of how the shakeout pattern can show opportunity / danger. Not advice by dRends35229
Why CEO dump Rocket LabsCEO decided to sell his shares, %12 down. I don't want to believe that the CEO will rug-pull his firm, now we have a trend that looks like nasty price action. With small risk, we may long this position! Have a nice dayLongby kargaaUpdated 110
ROCKET LAB Vastly oversold. Is it a buy?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 bullish, targeting 5.25 (within the 0.5 - 0.382 Fibonacci range as in the previous Lower High). If the Higher Lows break, we will see and target the top of the 9-month Support Zone at 3.75. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot10
RKLB lost in the void. H&S played out. Target $4 to buy for LT.RKLB has a summer-bubble and was finally able to break and stay above ~$5.25/share. This bubble was unfortunately a head and shoulders, which, after today's failed launch, saw acceleration to the downside. Now we're solidly in the middle of what I hope is a new, large descending wedge. Hopefully we see bottoming out around $4/share or even $3.50/share again. To anyone who got in at the lows of the day ~$4.20/share, congrats on your quick win.Longby HandsomeSloth113
$RKLB - Stock under pressure on CEO selling sharesNASDAQ:RKLB NASDAQ:RKLB The news of the CEO selling 3.6 million shares broke the setup. The price broke below the anchored VWAP, POC line, and destroyed the MACD, RSI, and Williams R%. This is a reminder that technicals can easily be destroyed if there is an out-of-ordinary event. Here are the support levels to watch: - $5.40 - $4.94 - $4.68 I am hoping the bulls can regain control and push the price above $5.40 before the end of the day. Follow me for chart updates.by PaperBozz224