$Rocket Lab USA, Inc.(RKLB)$ Added to my position today at $66.50, bringing my average cost down to $71.60. The whole sector is under pressure right now, but I still think Rocket Lab's fundamentals are solid. The stock is currently down about 56% from its all-time high. If the weakness persists, I'll be keeping an eye out for chances to add more.
$Rocket Lab USA, Inc.(RKLB)$ is currently trading nearly 17% lower than its pre-Q1 earnings levels. After reaching highs above $140 in May, the current price around $66 seems disconnected from the company's underlying progress. Fundamentally, with record Q1 revenue of $200M, a $2.2B backlog, and over $2B in liquidity, the growth engine appears strong. A key catalyst is that we are closer than ever to the inaugural Neutron launch. Looking at the recent action, the stock has shown some stability near $66 in after-hours trading following the day's volatility. Technically, it looks like a consolidation phase as the market digests the sell-off from the June highs. With the next earnings call set for August 6, volatility may continue, but from my
$Rocket Lab USA, Inc.(RKLB)$ is at a major decision zone on the monthly chart. $64 is currently the key level to watch. If that fails, the next important area to hold is around $56, which has been a long-term support. Losing that would damage the broader bullish structure. From my perspective, the $56-$64 range is where the risk/reward starts to look interesting, but discipline is crucial. A break below $54 would change the setup and require respecting the risk. The long-term story is still compelling with its launch services, space systems, government contracts, and the growing commercial space economy. However, the chart still needs buyers to step in. If support holds, the upside target I'm watching is $151. Great companies can create oppo
$Rocket Lab USA, Inc.(RKLB)$ A lot of people still see Rocket Lab as just a rocket company, but the bigger story is the entire space ecosystem they are building. Northwise’s base case sees Rocket Lab reaching $5.63B in annual revenue by 2030. The launch business was only the entry point. Behind it, RKLB has expanded into satellite components, solar power systems, flight software, spacecraft manufacturing, mission operations, and government contracts. The potential Iridium acquisition adds another interesting layer to the long-term vision. Of course, execution matters. Space is a capital-intensive industry, and the market will continue testing high-growth names. But if Rocket Lab keeps building this integrated space platform, the opportunity c
$Trump Media & Technology(DJT)$ I've been watching DJT, and it's been moving up each day. There's a sense that a bigger move could come at some point. The idea around Fusion as a potential unifier of countries and people is interesting, and the focus on energy is significant. I previously mentioned PLTR and RKLB around the $5 level. This third call is for a bigger and better opportunity with PLTR and RKLB.
$Rocket Lab USA, Inc.(RKLB)$ $Rocket Lab USA, Inc.(RKLB)$ The stock has never seen a drawdown of over 50 percent in such a short time frame. We're also at near-historical oversold levels across multiple RSI timeframes. Could it go lower? Sure. Could it trend sideways? Absolutely. But the risk-reward seems to favor buyers at this point. Shorting here, near what could be the bottom, doesn't look like a great idea to me.
$AST SpaceMobile, Inc.(ASTS)$ Seeing a lot of fear around space stocks after this recent pullback. $Rocket Lab USA, Inc.(RKLB)$ is now trading around $67.62, down about 4.26% year-to-date, following a sharp move higher and then a heavy retracement. This is typically the part of the cycle where weaker hands tend to exit. Volatility is just part of owning high-growth names like these. From where I stand, the long-term thesis hasn't changed: space infrastructure, Neutron, and satellite opportunities are still the core story. I'm personally focused on the broader support levels, not the daily noise. It feels like conviction really gets tested on days like these.
$Luckin Coffee Inc.(LKNCY)$ Well, I'd rather be stuck at $32 than get cut in half again. I see $Rocket Lab USA, Inc.(RKLB)$ and $Velo3D, Inc.(VELO)$ playing that old 'test of wills' game with us, like Luckin Coffee did. I bought the dips, but I'm completely out of dry powder now. All I can do is watch and hold.