Rocket Lab USA hits all time high !! Time to book some profitBased on monthly trend chart, accordingly to me, there might be profit booking coming soon. Right now Rocket Lab, USA trading above its fair price. Company had posted good Q3 numbers but yet the price increase solely on speculation of receiving semi conductor contract and double launch. If you look at the chart, it is very low possibility to go high considering the effect of good news getting old. New price push up only possible after some speculative good news. This is my personal view only. You should consider your view and consult your investment advisor before taking any decision.
RKLB trade ideas
Getting $HOOD vibesNASDAQ:HOOD was a great set up earlier this year. 2 year consolidation range with multiple failed breakouts. NASDAQ:RKLB looks like it may be looking to do the same breakout.
The fractal drawn is NASDAQ:HOOD , same drop from IPO, same trough of disillusionment.
Long at $4.90, will add on a retest of the downward resistance at $4.70.
RKLB Rocket Lab USA Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RKLB Rocket Lab USA prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Rocket Lab RKLB: $6.50 | This is It only if you missed SpaceXSpace X is valued at $210 bn
Virgin G was peddled at $20bn
this one is a GEM
RKLB pegged at $3bn kinda like a SEED C round for private investors
still at infant levels yet it DELiVERS witha solid team behind it
under the radar subtle low key and a lot better that of FALCON 9 by TESLA's SpaceX
i recall few years back for SEED B round at $50M towARDS $10bn
Launch Services . Spacecraft . Data
think Jetski on water only for SPACE Travel and Exploration
time to buy before PANIC BUYING
$RKLB What's next?NASDAQ:RKLB RocketLab hit the fourth target and has since pulled back. I hate to say it, but it is losing momentum. Both MACD and RSI are hot. I would love to see it holding above $10 while it blows off some steam.
The support region is from $9.90 to $9.
Earnings are wild cards; you can never guess the price reaction. But since the stock has run up a lot since the last earnings, I don't expect fireworks.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
$RKLB - What's next?NASDAQ:RKLB Since all three targets that I published have been hit, you might be wondering what my next targets are. Well, if it can close above $10.50, we have a shot at $11.65 to $12.69 next. ๐
Keep in mind, though, a rejection can trigger a pullback to the $8 and $7 area. So, I would plan for what I would do in that case.
There are certainly risks now that the stock is close to the pre-SPAC price. So, it is not all going to be clear skies and sunshine.
Here are the things that can trigger a sell-off:
1. Pre-IPO investors taking profit, like Khosla Ventures.
2. An additional capital raise. This is certainly possible.
3. Insider selling in large numbers. When Peter sold his shares last time, the stock took a nosedive. Remember that?
4. Upcoming ER disappointment.
5. Competition risk.
These are realistic threats to the current rally.
You may have heard of it: Bulls make money, bears make money. Pigs get slaughtered.
Don't be a pig!
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
ROCKET LAB Time the next pull-back and buy.Exactly 4 months ago (May 29, see chart below) we gave the ultimate long-term buy signal on Rocket Lab (RKLB) when it was trading at $4.39 and eventually not only did it return us +100% profit by hitting our $8.75 Target but even broke above the 2-year Higher Highs trend-line and Resistance 1:
It is now confirmed that the stock has broken into a new Bull Cycle and won't (most likely) continue to follow the accumulation pattern of the previous 2-year Ascending Triangle. This is also evident on the 1D RSI, which is rising on a Channel Up.
In our opinion it will continue the pull-back buy low sequence that started in July. The next key Resistance is the 0.618 Fibonacci, above which we expect the next short-term correction to start. Our intention is to buy again at 9.15 or if we see 2 red 1W candles first.
Our next Target will be 14.50 (the 0.786 Fib).
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Rocket Lab About To Blast Off! Hey Traders!
Things are beginning to cook, and the market seems to be getting it's footing after some selling pressure from profit taking.
All tides lift all boats so lets have a look at RKLB to see where we might go after blastoff.
We sit in a channel and waiting for a breakout above 7.01 and retest or not then 7.25.
If price can get through that we set compass to 9.35 .
Breaking through that leaves us with possibly reaching 13.95 before sellers decide to step in.
Something to look into. Best of luck in all your trades $ see you at the finish line $$$
ROCKET LAB has started a new 9-month correction phase.Rocket Lab USA (RKLB) topped on August 19 after a more than +100% rise from the bottom that eventually reached the top of the Sine Wave count and as a result even though it failed to reach our $8.75 mark (Target 2), we will take profit on the last buy signal we issued (May 29, see chart below):
As you can see by the Sine Waves, RKLB is repeating a 2-year cyclical pattern (since the June 30 2022 bottom), which every time it provides a buy opportunity that delivers a little over +100% return (3 times so far within this time span).
Now that we got our +111% rise, we expect a new multi-month correction phase to start, initially in the form of a Channel Down (red). The previous correction phase lasted for 9 months and the one before for 10 months, before the +100% rallies commenced.
As a result, we are far away from a buy opportunity at the moment and the best course of action is to short below even the 1D MA200 (orange trend-line). Our Target is $4.35, the middle of the High Volatility Zone, which is located just above the (green) Support Zone, where our next long-term buy will be.
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$RKLB - Potential inverse cup and handleNASDAQ:RKLB Iโve brought good news before, and it played out. Now, I have to sound the alarm for a potential inverse cup-and-handle formation. The MACD has crossed bearish, signaling weakening momentum.
If this pattern validates, the stock could drop to the $5.50 to $4.90 area, which is where Iโll consider loading up again. ๐
As always, I share my opinions and trades. Iโm not suggesting anyone follow my trades. You do you.
Rocket Lab to new all time highs as more things go to spaceRocket Lab build rockets. CEO has an extremely bright aura. Hard to find a better story-driven pure space play with SpaceX being private. I like Rocket Lab and invested because as more and more things fly and go to space, it has the wind at its back.
$RKLB - Ugly candle!NASDAQ:RKLB : Today's candle looks really ugly. We need to keep an eye on the critical support area between $6 and $5.80. If this area fails, the stock could drop to the $5 to $4.80 range.
However, if the stock can hold that critical level, it may consolidate between $7 and $5.80.
This is why I took profits on the run to $7. Now, I can redeploy the capital as the stock pulls back.
As always, I share my opinions and trades. Iโm not suggesting anyone follow my trades. You do you.
RKLB 2 Month OutlookIt appears to me that Rocket Lab is forming a bullish pennant, and we should expect to see volume return with an upward move towards $10-$11 a share. Some areas of concern would be the issuance of shares between $8-$12 a share causing dilution that WSB traders may not be aware of.