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RKLB Showing Bullish Momentum

RKLB has been trading within this yellow range since Apr. 2022, and is attempting to form a bullish breakout here. There is resistance around $7.69 that needs to break for RKLB to climb up higher. The momentum is pretty bullish on this move, but I wouldn’t be surprised to see a rejection here. If RKLB trends back down there is likely to be more sideways price action within this range.

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