Rocket Lab Setup with Key Support Levels
+25.46%current return
"Rocket Lab is in a good setup here. It has found support at the 21-day and 10-week lines fairly consistently, which is a positive sign even though this stock is known for its volatility."
— Ed Carson
Ed Carson provides a commentary on Rocket Lab, noting that despite its erratic price swings, the stock is finding consistent support around its 21-day and 10-week moving averages. This technical support suggests potential for upside if the broader market rallies, although caution is warranted due to its past sharp sell-offs.
Company CommentaryNeutral/Mixed Medium ConvictionScore: 7.8
Company Opinion •Stock Market Today With IBD • about 1 month ago