Rocket Lab USA has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development.
The price has reacted back after the break of the rectangle formation. There is support around $5.14, which now indicates good buying opportunities. An established break through this support will neutralize the positive signal.
RKLB is approaching resistance at 5.60 dollar, which may give a negative reaction. However, a break upwards through 5.60 dollar will be a positive signal.
The price has reacted back after the break of the rectangle formation. There is support around $5.14, which now indicates good buying opportunities. An established break through this support will neutralize the positive signal.
RKLB is approaching resistance at 5.60 dollar, which may give a negative reaction. However, a break upwards through 5.60 dollar will be a positive signal.
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