RKLB: the rocket is fueled and ready for orbit

Aug 25

On the daily chart of Rocket Lab (RKLB), the price is trading at $44.38 after a confident breakout above key consolidation zones. Technically, the break of the $40 level confirmed the strength of the bulls and solidified the upward structure. The next target is $66 - a strong resistance aligned with the Fibo extension and if momentum holds, the market could extend toward $86.54, where long-term levels converge. EMA indicators remain below the price, reinforcing the bullish outlook.

Fundamentally, Rocket Lab stands as a leader in the small-launch vehicle sector, strengthened by contracts with NASA and consistent commercial demand. Amid growing interest in the aerospace industry and rising competition with SpaceX, the company benefits from diversified revenue streams and steady launch schedules. On the geopolitical side, increased defense programs in the U.S. and allied nations provide additional long-term support.

Tactically, the zone above $40 now acts as a support: as long as price holds above it, the bullish scenario remains intact. Targets are set at $66 and $86.54. Short-term corrections are possible if the market overheats, but the broader structure points upward, with institutional flows suggesting accumulation.

If this scenario plays out, Rocket Lab won’t just launch satellites - it’ll launch portfolios into orbit.

Oct 8

Trade closed: target reached

#RKLB +55% first target closed at 66.00, next target 86.54 — if desired, you can lock in part of the position ✔️