$RKLB — One of the more interesting reversal setups on my watchlist. After months of lower highs and persistent selling pressure, price is starting to show a different reaction around the $45–$50 region. The recent breakdown was quickly reclaimed, and $RKLB is now challenging the $58–$60 resistance zone. I’m watching for a sustained reclaim of $60, followed by a break of the descending resistance trendline. My upside levels are $80–$85 first, $100–$107 second, and $150 as the longer-term target. The broader downtrend hasn’t been invalidated yet, but the potential reward relative to the recent lows is becoming interesting. The opportunity is in recognizing a structural shift before it becomes obvious.
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