Rocket Lab
RKLB is showing a high-probability setup for a major run, supported by a bullish technical structure and strong underlying fundamentals.
Technical Perspective
The daily chart reveals Rocket Lab has bounced off its recent lows near $36.90 on 200SMA, forming a potential bottom with climbing volume. Fibonacci retracement levels show key resistance around $51 and $54, and a breakout above these puts the $73 and $83 zones firmly in play. Price action is now holding above the rising 200-day moving average—often viewed as a strong support line—and the yellow arrows forecast a classic “ABC” recovery pattern targeting prior highs and new expansion zones.
Momentum and volume profiles back this thesis: the last few green bars suggest accumulation is underway, and the blue buy zone near $42.60 offers a defined risk entry. Such setups feature optimal reward/risk ratios for swing and position traders.
Fundamentals
Rocket Lab recently posted $155 million Q3 revenue, up 48% year-over-year, with improving gross margins and projections for record turnover next quarter. The company sports a healthy contract pipeline (including government/hypersonic deals), rapid satellite deployment, and consistent launch cadence—all signs of operational momentum.
Analysts now see upside targets between $55 and $83, driven by both revenue acceleration and vertical integration. Most importantly, Rocket Lab continues to narrow EBITDA losses, proof that its path to profitability is intact.
Why a Double Is Plausible
Technical setup favors a rally back toward the $80 level if supply at $54 is absorbed.
Growth rates far exceed sector averages; additional launches and government contracts can fuel a re-rating.
Accumulation on the chart supports a near-term reversal and multi-month breakout.
With momentum building and fundamentals supporting a much higher valuation, Rocket Lab is positioned to potentially double from current levels within the next rally cycle.
RKLB is showing a high-probability setup for a major run, supported by a bullish technical structure and strong underlying fundamentals.Technical Perspective
The daily chart reveals Rocket Lab has bounced off its recent lows near $36.90 on 200SMA, forming a potential bottom with climbing volume. Fibonacci retracement levels show key resistance around $51 and $54, and a breakout above these puts the $73 and $83 zones firmly in play. Price action is now holding above the rising 200-day moving average—often viewed as a strong support line—and the yellow arrows forecast a classic “ABC” recovery pattern targeting prior highs and new expansion zones.
Momentum and volume profiles back this thesis: the last few green bars suggest accumulation is underway, and the blue buy zone near $42.60 offers a defined risk entry. Such setups feature optimal reward/risk ratios for swing and position traders.
Fundamentals
Rocket Lab recently posted $155 million Q3 revenue, up 48% year-over-year, with improving gross margins and projections for record turnover next quarter. The company sports a healthy contract pipeline (including government/hypersonic deals), rapid satellite deployment, and consistent launch cadence—all signs of operational momentum.
Analysts now see upside targets between $55 and $83, driven by both revenue acceleration and vertical integration. Most importantly, Rocket Lab continues to narrow EBITDA losses, proof that its path to profitability is intact.
Why a Double Is Plausible
Technical setup favors a rally back toward the $80 level if supply at $54 is absorbed.
Growth rates far exceed sector averages; additional launches and government contracts can fuel a re-rating.
Accumulation on the chart supports a near-term reversal and multi-month breakout.
With momentum building and fundamentals supporting a much higher valuation, Rocket Lab is positioned to potentially double from current levels within the next rally cycle.
-warena
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-warena
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.