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RKLB

weekly
Daily Weekly Monthly
PARABOLIC
Support
$120
Resistance
$140
RKLB Rocket Lab Corporation weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of May 22, 2026
RKLB Weekly chart 2026-05-22 20:39:05 UTC
AI-generated analysis — not financial advice. For educational purposes only.

RKLB Weekly Technical Analysis Summary

As of May 22, 2026, RKLB (Rocket Lab Corporation) is in a parabolic state on the weekly chart, with a confidence level of 74%. Key support is at $120 and key resistance at $140. Weekly breakout to new highs with a vertical impulse; price $135.75 far above all major MAs; RSI(14) ~78 (overbought) and volatility/volume expanded.

Price Scenarios & Targets

bullish

Blow-off continuation then consolidation: price tags/briefly exceeds the $140 round-number, then ranges/consolidates above the prior breakout zone before another attempt higher (Elliott: extended wave 5 / late wave 3 extension, followed by 4th-wave style consolidation).

Price Target
$165
Path to target
First move
$140
Pullback
$120
Final target
$165

bearish

Mean-reversion pullback: after the vertical move, a sharp retrace into the prior breakout area (gap/impulse base) and possibly toward the rising fast MA cluster; then attempt to stabilize (Elliott: wave 4 / ABC correction) before trend resumes.

Price Target
$85.0
Path to target
First move
$105
Pullback
$120
Final target
$85.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Hold above $120 on weekly closes (no breakdown back into the breakout candle body).

✗ Invalidation

Weekly close below $105 (loss of the most recent breakout/impulse support).

Position Entry & Exit Levels

⊕ Add

Start $105 – $120
Add $85.0 – $105
Heavy $65.0 – $85.0

Parabolic extension favors buying pullbacks: start near breakout retest ($120) and add deeper toward prior swing structure/fast MA magnet zones; heavy add only if a larger ABC takes price back toward the EMA50 area (~$65).

⊖ Derisk

Trim 1 $140 – $165
Trim 2 $165 – $210
Close $210 – $260

With RSI>70 and a vertical impulse, trim into round-number/extension zones; heavier trimming if price enters likely Fibonacci-extension territory (1.618+ of the last major impulse), and consider full exit only on extreme multi-year stretch.

Frequently Asked Questions

What is the weekly technical outlook for RKLB today?

As of May 22, 2026, RKLB (Rocket Lab Corporation) is in a parabolic state on the weekly chart with 74% confidence. Weekly breakout to new highs with a vertical impulse; price $135.75 far above all major MAs; RSI(14) ~78 (overbought) and volatility/volume expanded.

What are the weekly support and resistance levels for RKLB?

On the weekly timeframe, RKLB has key support at $120 and key resistance at $140. The most likely scenario (bullish) targets $140 and $165, with a revert level at $120.

Is RKLB in an uptrend or downtrend?

RKLB (Rocket Lab Corporation) is currently classified as parabolic on the weekly chart, with 74% confidence. Confirmation requires: Hold above $120 on weekly closes (no breakdown back into the breakout candle body). This would be invalidated by: Weekly close below $105 (loss of the most recent breakout/impulse support).

What are the price targets for RKLB?

The most likely scenario (bullish) targets $140 and $165, with a revert level at $120. The alternative scenario (bearish) targets $105 and $85.0.

Other Timeframes for RKLB
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