Rocket Lab USA hits all time high !! Time to book some profit

30 Nov

Based 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.