Despite pulling back close to 12% from its recent 52-week highs, Rocket Lab USA (NASDAQ: RKLB) still looks primed for continuation higher. The stock briefly failed to hold the all-important $50 resistance level, but its broader trend remains one of leadership. Year-to-date, RKLB is up an impressive 84%.
The stock has surged nearly 670% over the past twelve months, making it one of the market’s most explosive performers.
