$RKLB - Potential inverse cup and handle

I’ve brought good news before, and it played out. Now, I have to sound the alarm for a potential inverse cup-and-handle formation. The MACD has crossed bearish, signaling weakening momentum.

If this pattern validates, the stock could drop to the $5.50 to $4.90 area, which is where I’ll consider loading up again. 👀

As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.

PaperBozz

I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.

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