Rocket Lab (RKLB)

[winston]

not vested

Rocket Lab Is Back at a Line in the Sand—Now What?

by Ryan Hasson

Key Points

The Procure Space ETF is up over 30% year to date, dramatically outpacing the S&P 500, with SpaceX IPO speculation injecting fresh momentum into the sector.

Rocket Lab has reclaimed its 50- and 20-day SMAs above the key $65 support level, with a move above $78 potentially signaling a higher-timeframe breakout.

On April 14, Rocket Lab completed the acquisition of Mynaric and unveiled its Gauss electric thruster, capable of producing over 200 units per year.

Source: Market Beat