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Monday turned out to be quite the performance for RKLB! The stock didn't just move—it checked off every box on the technical wishlist.
First up: price action crawled back into the channel zone. Then came the real flex—punching through that diagonal resistance line sitting at the wedge's upper boundary. And just when you thought it was done, boom, closed comfortably above the 50-day exponential moving average.
The aerospace sector's been building some serious steam lately. Question is, can this momentum carry RKLB even further in tomorrow's session? The technicals are lining up, but the market always keeps you guessing.