- 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.
Note
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.