I’ve been watching $RKLB for a long time. Yesterday’s earnings were a mixed bag. EPS came in at $-0.12. Expected was $-0.07. The net loss grew to $79.7M. And Neutron got delayed again. First launch now no earlier than 2027. But look under the hood. Revenue hit $267.8M. Up 73% year over year. The backlog reached a record $3.57B. And Rocket Lab sits on about $4.4B in cash. This is not a company running out of time. It’s a company that has time. The chart tells a different story for now. Rocket Lab retested the old support around $60. That zone is now resistance. Overnight trading shows a clear rejection at $54.45. My main scenario is bearish. The zone down to $43.82 comes into play. From there it’s a 50/50. Holding $43.82 opens the way back up. Losing it opens the zone down to $37.51. The stock also trades far below the 200 SMA at $78.72. Neutron is the next big catalyst. When it flies, Rocket Lab competes directly with SpaceX in medium lift. Follow for more.