RKLB: Rocket Lab Ready for the next move?

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Rocket Lab continues to strengthen its position in the space industry. The company is increasing launch activity, expanding its space systems business, and developing the Neutron rocket, which could become a major long-term growth driver. If investor interest in the sector remains strong, the fundamentals continue to support the bullish outlook.

From a technical perspective, price is holding a strong demand zone at $57-65, where buyers have stepped in again. CCI is turning higher after a bullish divergence, while price remains above the EMA200. As long as support holds, I expect a move toward $103, then $120, with a potential extension to $146. A breakdown below $57 would invalidate the bullish scenario.

Penafian

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