Last time the stocks was this tight, it rallied 500% in 5 months. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Welcome to The Squeeze Watch.
Here's today's standout: |
Rocket Lab Corp $RKLB is currently exhibiting a Squeeze Score of 97.80. Here's what the chart looks like: |
RKLB is coiled in an AVWAP pinch as price continues to stair-step higher in a clean series of higher highs and higher lows. Volatility on the Strazza Indicator is compressed near one-year lows. We have already seen massive moves across the space and exploration theme, with many names catching sympathy bids. This is a leader—and the largest stock in our speculative space universe. Trend, momentum, and inter-market signals are all aligning for Rocket Lab. Today, we managed to sell a triple in our Planet Labs calls on another blockbuster earnings reaction. We quickly redeployed the gains into some fresh setups in the space. We just bought calls in another space stock! Get access to this trade today -- join Breakout Multiplier here, risk-free. |
Steve Strazza | Chief Market Strategist, All Star Charts |
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