Rocket Lab Corporation
Panjang

ROCKET LAB: Very strong long term buy opportunity.

515
RKLB is almost oversold on the 1D timeframe (RSI = 31.788, MACD = -0.150, ADX = 26.851) which makes it an automatic technical buy for the long term. Besides that, the price has entered the long term Support Zone that commenced on the June 30th 2022 Low. The pattern is identical to the March-May 2023 bottom. Once the 1D MA50 breaks again, we expect a very aggressive rally. Target 1 on the LH trendline (TP1 = 5.50) and long term Target 2 near the HH and 1.236 Fib (TP2 = 8.75).

See how our prior idea has worked out:

ROCKET LAB: Bottom formation complete. Expect strong rise.


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.