Potential Tailwinds Blowing For This Aerospace Stock

Aerospace and defense stock Rocket Lab Corp (RKLB) has been chopping lower since its July 17 record high of $53.44. The stock could be ready for a short-term pop, however, as the recent pullback has it flashing a historically bullish signal.Per Schaeffer's Senior Quantitative Analyst Rocky White, RKLB is within 0.75 of the 50-day trendline's 20-day average true range (ATR), after spending at least 80% of the last 10 days and 80% of the last two months above it. Over the past three years, six similar signals ...