PaperBozz

$RKLB - Hits major resistance

Long
BATS:RKLB   Rocket Lab USA, Inc.
RKLB Rocket Lab hits a major resistance area which is a combination of the descending wedge trendline, 200DMA and VWAP.

RSI has cooled so hopefully we can pick up some momentum again.

It needs a catalyst to breakout of that descending wedge. With close to 20% short interest, we should get a good squeeze.

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