$RKLB Update


Tomorrow's historic $SPCX IPO is a major liquidity event that will force a repricing across the entire aerospace sector.
That is the only fundamental catalyst you need to pay attention to.
Looking at the daily chart, $RKLB is trading at 110.77 after a much-needed pullback from the 150 highs.
The price flushed perfectly into the previous HH support around the 100 level, resetting the daily RSI down to a neutral 48.
We are playing the chart, not the narratives. The absolute line in the sand is the 100 pivot.
We need this floor to hold the weight and confirm a higher low.
If it holds, the structure is primed to absorb the incoming sector volatility and push higher.
If 100 cracks, the setup is fully invalidated and we are stepping aside.
SPCX0.54%
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