I'm keeping an eye on this one after the recent pullback.
The risk/reward setup looks more interesting now, with a defined support level around $80 where a bounce could potentially occur.
The broader space sector has been under pressure following the $SpaceX(SPCX)$ IPO sell-off, which triggered a wave of sympathy selling across related stocks.
Several space names are now trading well below their recent highs, even though the long-term industry thesis still seems solid.
I remain constructive on $Rocket Lab USA, Inc.(RKLB)$ 's long-term potential. Short-term volatility can create opportunities, but it's about managing risk and waiting for confirmation.
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