$RKLBB is trading at 63.09 (+15.57%) after reaching an intraday high of 63.41. The price is above the 21/50/200 EMAs on the 1-hour chart and above the 21- and 50-day EMAs; RSI(6) is 76.33 on the 1-hour chart and 74.17 on the daily chart.
Background: On November 9, after the market close, Rocket Lab reported its third-quarter results: revenue of $268 million (+73% year over year), a backlog of $3.57 billion (+52% quarter over quarter), more than $515 million in new Neutron contracts (8 launches), and an increase in the base price of a Neutron launch to $70 million (up from $55 million). Adjusted loss per share of $0.12 was wider than expected, and the first Neutron launch was slated for 2027. The stock closed at 62.71 on November 10 (+6.54%), after rising 10.9% the previous day. RKLBB trades 24/7.
Binance data:
Spot: 24-hour turnover of 16,367 tokens (about $971K), net outflow of -1,715 RKLBB (about $108K), large orders -1,552 (about $98K), medium orders -488. Over 5 days, large orders were -903 (about $57K). The amounts are very small.
Futures: open interest fell from $6.49M to $6.32M (about -2.6%) as the price rose: positions are being closed. Retail long-short ratio: 1.48; top traders by positions: 2.25; by accounts: 1.89—a long bias. Funding rate: 0.00%.
1h: above EMA(21) at 60.80, EMA(50) at 58.27, EMA(200) at 54.89, and Supertrend at 60.55.
4h: above EMA(21) at 56.94, EMA(50) at 55.00, EMA(200) at 56.91, and Supertrend at 56.19; support at 51.27.
1d: above EMA(21) at 56.03, EMA(50) at 59.19, and Supertrend at 48.81.
🔴 If it fails to hold above 63.41, there is a risk of a pullback to 60.80 and 60.55.
🟢 If the hourly candle closes above 63.41, a move to 66.00–68.50 is possible.
My position: waiting for a pullback to 60.8
RKLBB: will we hold above 63.4 or pull back to 60.8?
