tohsined

Rocket Lab setting up for a strong reversal. PIPE dry? 🚀

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tohsined Uppdaterad   
NASDAQ:RKLB   Rocket Lab USA, Inc.
RocketLab has a few catalysts coming up.

The sell off was due to the PIPE being unlocked. This isn't a high redemption SPAC pump and dump, I don't expect this to fall any further than $12.30. Strong buying there.

Nice doji reversal on the weekly with selling pressure easing on the indicators.

Cost to borrow is going down which indicates it's not as lucrative to short.

Looking for $15+ by mid November and a run up to $20+ towards EOY due to reward structure for management if they close there for a set amount of dates.
Handel aktiv:
on target, expecting accumulation before next leg up.
Handel aktiv:
Looking for accumulations between $14.90-$16.00 before the next leg to $17.50+
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