Rocket Lab (RKLB) – Strong Bounce Off $37 Lows Shows Bullish Rocket Lab CorporationBATS:RKLBDEXWireNewsRKLB trades at ~$77.48 (up +1.85% intraday on 1H chart), building solid recovery after a sharp correction. The stock surged from mid-2025 lows (~$37–$40) to a peak near $99.58 in late 2025 on strong launch cadence and Neutron rocket progress, before pulling back into early 2026. Key observations: - Downtrend from Nov 2025–Feb 2026 formed lower highs, but price decisively bounced off $37–$40 support. - Recent action broke the descending trendline, forming higher lows near $70–$75 with rising volume on up days. - Momentum turning bullish; holding above the 50-period MA. Analytical buyer outlook: - Upside trigger: Hold $77–$78 and break $80–$85 on volume — targets $90–$95 retest. - Support to defend: $72–$75 zone; break risks slide to $65–$68. - Launch cadence + Neutron development remain key tailwinds. Verdict: Correction looks exhausted — bullish reversal gaining traction. Buyers in control on dips near $77. Constructive setup if $85 clears.