RKLB - Rocket Lab USA

Pullback from long-term uptrend provides buying opportunity, strong growth potential in space industry.

Pullback to previous breakout area after a 50% move. Good risk/reward if buying near support with stop below. Not perfect pattern but favorable.

Mentioned as example of momentum fading after space hype, not a recommendation.

Pure-play public space company that is actually executing. Q1 revenue ~$200M, up 63% YoY. Backlog of ~$2.2B, up 100%+ from a year ago. Recently added to NASDAQ 100 bringing forced index buying. Neutron rocket first flight targeted for Q4 as major catalyst. One firm has a $135 target.

Shown as a heartbeat pattern example: the stock did 'bugger all' for two years, then reported earnings with a massive volume spike, and went up approximately 1500% over about 2.5 years. Used to illustrate both the heartbeat pattern and volume analysis.

Used as a heartbeat pattern example: did 'bugger all' for two years, then massive volume spike on earnings, stock went from $6 to 32 (1500% up in about 417 days).

Positioned as the closest publicly traded competitor to SpaceX. Q1 revenue reached ~$200M with 63% YoY growth, backlog exceeds $2B, and the upcoming Neutron Rocket program could dramatically expand the addressable market. The host views it as one of the most direct ways to participate in commercial space industry growth outside of SpaceX.

Ross notes Rocket Lab is down 8% on the day as investors sell adjacent space stocks to make room for SpaceX in their portfolios. He describes this as a 'buy the rumor, sell the news' situation and would not be chasing these names.

Host believes Rocket Lab will be one of the biggest beneficiaries of the growing space economy. He argues it's becoming a space infrastructure company (satellites, solar panels, spacecraft components, mission systems) rather than just a rocket company. It doesn't need to beat SpaceX — it just needs the space economy to grow. He draws analogies to Nvidia/AMD and McDonald's/Burger King.

Down another 1.6% in overnight markets after being down 8% on Friday. Space stocks not performing well in overnight trading.