$RKLB at $71.02 — clean breakout structure forming here.
The daily chart just broke its long downtrend line. That's your first structural shift. Now it's reclaimed the gamma flip level, which means options flow is starting to work in favor of upside rather than dragging price lower.
This current dip? It's not a failure — it's a retest. When you break structure, you want to see price come back and prove that old resistance now acts as support. That's exactly what's happening.
Underneath, there's a volume shelf — a zone where heavy trading occurred before. That's your support layer. Volume shelves matter because they represent committed buyers who stepped in at those prices. They don't want to see it break below their entry.
So here's the setup:
- Breakout confirmed above downtrend
- Gamma flip reclaimed
- Retest in progress with volume support below
This is textbook continuation structure if the retest holds. If it breaks back below the volume shelf and loses the gamma flip again, the breakout fails and you're back in range.
Watch how it responds here. Clean hold = continuation. Break below = invalidation. That's how you read it.
The daily chart just broke its long downtrend line. That's your first structural shift. Now it's reclaimed the gamma flip level, which means options flow is starting to work in favor of upside rather than dragging price lower.
This current dip? It's not a failure — it's a retest. When you break structure, you want to see price come back and prove that old resistance now acts as support. That's exactly what's happening.
Underneath, there's a volume shelf — a zone where heavy trading occurred before. That's your support layer. Volume shelves matter because they represent committed buyers who stepped in at those prices. They don't want to see it break below their entry.
So here's the setup:
- Breakout confirmed above downtrend
- Gamma flip reclaimed
- Retest in progress with volume support below
This is textbook continuation structure if the retest holds. If it breaks back below the volume shelf and loses the gamma flip again, the breakout fails and you're back in range.
Watch how it responds here. Clean hold = continuation. Break below = invalidation. That's how you read it.