amit
2025.12.22 20:08

$Rocket Lab(RKLB.US)

for all the excitement around $Rocket Lab(RKLB.US), I am seeing more and more people discussing trimming, hedging, or fully exiting their positions around this $75 level

nothing wrong with that at all, but this is not the type of ATH that feels celebrated

it feels like most people are cautious and scared of this run up, feeling it happened to quick, and also thinking that it’s hype because of the SpaceX IPO but not sustainable

time will tell but there it feels like there is a decent chunk of exiting today from longs vs excitement over the new highs

which quite frankly might be the contrarian signal to go long

also understandable given how quick the stock fell from $77 to $38 last time we had a pullback across the market

it’s expensive but if SpaceX is the IPO of the year, $Rocket Lab(RKLB.US) probably is the proxy of the year to it

Source: amit

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