Time for Correction on RKLB ?

RKLB is completing a healthy corrective phase that mirrors its last major pullback. The current drop of ~58% is nearly identical to the previous ~56% correction, showing consistent trend behavior. Price is now heading toward the bottom of the weekly Bollinger Band, which aligns perfectly with the 0.618 Fibonacci retracement (~$31–33)—a historically reliable reaccumulation zone in RKLB’s uptrend.
This confluence suggests a high-probability bottom forming at the 0.618/Bollinger support before the long-term bullish trend resumes toward the $74+ extension targets.

Target ; $30.00 zone