Rocket Lab, week 5 of the sell signal
Rocket Lab: the decline holds, but momentum is slowing
Rocket Lab, week 5 of the sell signal
In Summary
Week 5 of the sell signal on Rocket Lab, and the week closed up 18.8%, with buying volume back to 60%. The daily chart still reads cautious, though: a sequence of 4 lower highs, from the 120 area down to the 108 area, with price sitting between the first resistance, the daily Pivot Point average in the 101.8 area, and the first support, the 50-day moving average in the 102 area.
IQS Phase
62
ordinary
Signal Strength
44
isolated weekly drop
Sizing
REDUCED
Ranking
#89 / 137
US stocks
Trade P&L %
+8.74%
from signal to today
restricted Platinum content