TradingKey – Rocket Lab (NASDAQ: RKLB) closed at $101.16, marking a 3.21% gain and bouncing off the 0.618 Fibonacci retracement level of $93.10 following a bounce from ascending trendline support. Yesterday, June 29, RKLB rose 9.7%, led by KeyBanc Capital Markets rating it an Overweight and setting a $135 price target, while labeling the SpaceX-IPO-driven selling in RKLB as “unwarranted” and “overdone” on the back of launch-demand tailwinds. 

Since RKLB’s relative outperformance in the SpaceX IPO rotation on June 12, the company posted blowout Q1 2026 results: $200.3 million in revenue, 63.5% YoY, a 4.9% beat on estimates, plus a contract for the largest deal in Rocket Lab history with a confidential customer for both Neutron and…