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?
1RKLB trade ideas
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. :)
Quality Space Sector SPACS Comparative Performance (6M)Space sector has gathered a lot of interest, but long term investors need to be careful timing entry, avoiding dilution, and limit holdings to high quality... Even then, when growth stocks are punished, returns will lag... Be careful of significant volatility.
$RKLB - A case of inverse head and shoulder failure.Inverse head and shoulder failed and price has retraced back to head area around $12 which could be a strong support.
If the support held the price could bounce back to $16.50 area.
Target 1 - $14
Target 2 - $16.50
Risk - break down below $12 support
———————————————————
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 shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Rocket lab - Bullish channel + cataclystHey tradingview community,
This is my first publication so go easy on me.
RocketLab is showing bullish signals with an ascending parallel channel (Higher Highs & Higher Lows).
The next strong resistance is @ 16.18-16.30.
This resistance will probably be broken because of a cataclyst coming up: the reveal of Neutron on the 2nd december.
I think it's possible to see 18-19 before 2022.
Overall I'm long rklb and own shares (@11).
Selling covered call 21JAN22 @20.
Remeber: not financial advice, just reading some charts.
$RKLB - Inverse head and shoulder watchRocket lab is in Inverse Head and Shoulder pattern and has struggled to break above the neck line and has retraced to shoulder line around $14.34. Break above the neckline could send the stock to $20.
Target 1 - $18.56
Target 2 - $20
Risk - Unable to break above the neck line and break below shoulder line around $14.34.
———————————————————
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 shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Rocket Lab setting up for a strong reversal. PIPE dry? 🚀 RocketLab has a few catalysts coming up.
The sell off was due to the PIPE being unlocked. This isn't a high redemption SPAC pump and dump, I don't expect this to fall any further than $12.30. Strong buying there.
Nice doji reversal on the weekly with selling pressure easing on the indicators.
Cost to borrow is going down which indicates it's not as lucrative to short.
Looking for $15+ by mid November and a run up to $20+ towards EOY due to reward structure for management if they close there for a set amount of dates.
$RKLB technical entry here alongside bullish fundamentals. RocketLab has nicely broken out of its descending trend line and retested it. Only concern is the MA's just above price. I am holding this stock long term based on fundamentals but this is a nice long term trading setup which could be increased in size if the MA's are broken through.