Rocketlab (RKLB:Nasdaq

14 February 2022


Rocket Lab (RKLB:Nasdaq)

Technical charting analysis: Rocket Lab launched onto the market in August 2021 with the share price closing at $11.58 on its first day of trade then a week later shot up to $21.35 following the hype of the company. Since then, its shares have sold off hard, and more recently the sell-off has been induced by rising interest rates bringing the value down of high valued growth stocks, and should be rangebound between $8.00 to $14.00 over the medium term.

Technical charting analysis: Rocket Lab launched onto the market in August 2021 with the share price closing at $11.58 on its first day of trade then a week later shot up to $21.35 following the hype of the company. Since then, its shares have sold off h

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]