RKLB faces key resistance at $70/50-day SMA; long-term view is positive due to Aridium merger enhancing competitiveness vs SpaceX.

The next stock on our list is going to be Rocket Lab. The ticker is RKLB and it was 1.15% higher as it launched its 96th electron mission for uh sins inspective delivering its 12th Sturx Satellite into a 572 km orbit. This marks its 17th launch in 2026.

Uh Rocket Lab getting mentioned here. Rocket Lab taking off straight up out of the gate. Looks like it went to 70. I didn't know they were cleared for launch. They have la. They've done a bunch of launches.

I Okay. Uh so 70 is the uh resistance area I've got here that they're trying to uh get past. That was a former uh support area. As a matter of fact, it's the middle of the a lot of uh consolidated price action from earlier this year back in February and March. uh just a lot that's the median uh of this uh you know all the price action we had at the very start of the year uh we were consolidating.

So uh getting through that would be significant. It's also right on the doorstep of uh the 50day SMA which I think we're now uh trading above slightly. So we're at a pretty important area here for Rocket Lab.

I still think this is going to be a great company. um that acquisition or that merger with Aridium uh really does make it a competitive player against SpaceX. Uh and and really quick just some more stats on the launch.

Launched its 96th Electron mission for sinsive and it is its 17th launch in 2026. Rocket Lab