Pre-market trend | Rocket Lab (RKLB) surged over 34% on May 8, can it hold above 100?

Yesterday, Rocket Lab's stock price surged by 34.22%, closing at $105.47, with an intraday high of $105.62, soaring from an opening price of $86.04, resulting in a very rare single-day bullish candlestick. The MACD daily line established a bullish signal above the zero axis, and such a sharp increase in volume usually indicates that major funds are entering the market, with market sentiment shifting from hesitation to frenzy. The trading volume reached approximately $7.67 billion, which is considered enormous for small and mid-cap stocks, and the concentrated release of buying power is noteworthy. On the news front, the space sector has recently been in high demand in the market, with Rocket Lab being one of the most favored commercial space companies after SpaceX, frequently receiving government and commercial launch orders, and expectations are continuously rising. The same sector's Redwire (RDW) was also active in trading yesterday, with the overall enthusiasm for space concepts remaining high. On a macro level, the U.S. April non-farm data exceeded expectations, coupled with moderate wage growth, leading to a rebound in market risk appetite, and the pursuit of high-growth stocks has clearly accelerated. Although the U.S.-Iran situation remains a geopolitical risk variable, the current negotiation window has not yet closed, and the market has temporarily chosen to price in optimism. From a technical perspective, due to the significant increase yesterday, the short-term moving average system has been left far behind, with a large deviation between the 5-day moving average and the current stock price, indicating a high probability of a short-term pullback for correction. Whether the $100 round number can serve as effective support during the pullback will be a key reference for judging future trends