RKLB has been gaining attention lately after Launching 7 Satellites that warranted its series of daily price rise. For this week alone (not yet done) the stock surged 27% already, and 40% for July alone. And it looks like the the stock's Growth journey to space is not yet over.
Volume has surged by an impressive 131% this past few weeks from 5.7M to 13.22M -- conveying net buyer's weighty positioning of the company's prospective fundamental and technical growth.
On our tri-monthly histogram, an apparent trend shift is happening suggesting the new current price range to be the base of the incoming series of ascend. We got 2 bubble up volume appearance on tri-monthly suggesting a firm support for price GROWTH.
Expect significant ascend from the present price levels.
Incoming earning calls on August are predicting a 17% increase in revenues.
The should be another 'booster' event of its valuation.
Spotted at 7.83
TAYOR.
Safeguard capital always.
Volume has surged by an impressive 131% this past few weeks from 5.7M to 13.22M -- conveying net buyer's weighty positioning of the company's prospective fundamental and technical growth.
On our tri-monthly histogram, an apparent trend shift is happening suggesting the new current price range to be the base of the incoming series of ascend. We got 2 bubble up volume appearance on tri-monthly suggesting a firm support for price GROWTH.
Expect significant ascend from the present price levels.
Incoming earning calls on August are predicting a 17% increase in revenues.
The should be another 'booster' event of its valuation.
Spotted at 7.83
TAYOR.
Safeguard capital always.