RKLB (USA) - Space Momentum About To LaunchRocket Lab CorporationNASDAQ:RKLBzAngusRocket Labs has been an absolute standout over the last year, putting up gains of over 300%. They’ve established themselves as a leader in the small satellite launch market and are making huge strides with their larger Neutron rocket and space systems business. The momentum has been relentless for months, but even the strongest trends eventually need a breather to shake out some of the priced in hype. The primary driver here remains their massive contract backlog and the successful execution of their launch schedule. They are no longer just a "launch company" but a full-service space infrastructure business, which is where the real margin is. Earnings were okay, and the recent 35% pullback we’ve seen looks like a very standard correction following a vertical move. There hasn't been a change in the story; it’s just the overall market dipping along with Rocket Labs price cooling off after a period of high excitement. Technically, the price action has moved back into a much better value area. The stock found solid support right near the 100-day SMA and is now trying to push back above the 20-day SMA. I like that the RSI has reset to a neutral 48, giving it plenty of room to move if buyers return. The MACD is still in negative territory, but the histogram is ticking up, which usually tells me the selling pressure is starting to fade. Might be one to keep an eye on. .................................................. PLEASE NOTE: Nothing I post is trading advice. All investing involves risk, and past performance doesn’t predict future results. Trends can and do end. For 2026, my goal is to try and post one new asset each trading day. Something outside the usual gold, silver, BTC, or big tech names. I like to find stocks worldwide showing steady trends with some good gains, a recent pullback, and signs of renewed strength. I don’t necessarily hold positions in these. They are simply companies I find interesting at the time of posting. I’ll often revisit them within a week to see how they went and share any updates. If you enjoy these posts, please BOOST and FOLLOW ME to discover more under-the-radar stocks and businesses from around the world. ..................................................