Rocket Lab USA, Inc. has updated its launch schedule, announcing that the first flight of its new Neutron launch vehicle is now set for the second half of 2025. While some reports have labelled this a delay, Rocket Lab clarifies that the timeline shift is minor, with the rocket's main components already prepared and no significant project revisions required. The company reassures us that Neutron's development is progressing smoothly without any insurmountable technological challenges. This adjustment in the launch schedule is mainly due to the high volume of ongoing projects, including the continued launches of the Electron rocket, which is already active and generating revenue. Rocket Lab remains on track to commence commercial operations with Neutron in 2026.
Given these developments, let's analyse the potential trading opportunities for Rocket Lab USA, Inc. (NASDAQ: RKLB):
On the Daily (D1) timeframe, the stock has recently breached the resistance level at 4.30 USD, establishing new support at 4.15 USD. This breakout suggests that the downtrend has been reversed, and an uptrend has commenced, indicating potential for further growth. However, if the trend reverses again, the downside target might be set at 3.50 USD.
The continuation of the uptrend presents a short-term target of 5.10 USD, capitalising on the rebound from the newly established support level. Looking ahead from a medium-term perspective, the stock could rise to 6.15 USD.
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