Rocket Lab Corporation
Long

$RKLB - Descending Triangle Basing and could see reversal

224
Rocket lab has been basing inside a descending triangle. If the price can break above $4.34, it could head back to $5.34. If $5.34 breaks, $7.31 is not impossible.
With CPI data tomorrow, the technicals have a risk of invalidation.
Target 1 - $5.34
Target 2 - $7.31
Risk - fall to $3.60 and worst case $2.18
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.

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