The best buys are often the second bite once we have seen the proof of the pudding.
RKLB has printed a liquidity shakeout through resistance which could be a clue a significant top is arriving.
If it could get back to the 200 day MA that could be a great entry.
If you bought in the circled accumulation you could take some profit in this area depending on your level of aggression.
Its not yet a confirmed top but I think considering indexes also there is a good chance this will have a significant slump.
Higher time frame we are bullish RKLB and this will likely be umm rocketing up!
RKLB has printed a liquidity shakeout through resistance which could be a clue a significant top is arriving.
If it could get back to the 200 day MA that could be a great entry.
If you bought in the circled accumulation you could take some profit in this area depending on your level of aggression.
Its not yet a confirmed top but I think considering indexes also there is a good chance this will have a significant slump.
Higher time frame we are bullish RKLB and this will likely be umm rocketing up!
Note
If you took profit you are now happy.
Your FA guru can't read a chart💭
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.