T3 LivePublished 2026-09-30
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
$RKLBBearish
RKLB is technically broken; failure to sustain price above the 821-day MA negates its momentum status.
Rocket Labs. Okay, Rockalabs is it's it's broken. This has been broken. You know, momentum names have momentum when shorts are trapped and there's good news and there's optimism.
And usually momentum names that are high valuation names that need to grow into them need to be above the 821 day for you to make a lot of money. Otherwise, you're just sitting in it.
And here it was above the 821 day, had a massive move 134, broke. Then you should have get the hell out of the way at 95ish. It's been trying to rebuild. It's been very tough. These momentum moves happen again above the 8 day because it shows momentum.
It shows volume. What's it doing today? Why are you bringing it up? Let's see. Um it's up 98 cents.