Rocket Lab (ticker: RKLB) has experienced a strong upward trajectory in its stock price since late June 2025, driven by a series of successful launches and positive market sentiment. The stock reached a 52-week high and subsequently broke through key resistance levels, entering what traders describe as a "blue sky" phase, indicating a strong bullish trend. Throughout July, RKLB's price climbed from around $28 to surpass $50, representing a gain of approximately 80% year-to-date and over 60% in just one month. Market analysts and traders highlighted multiple tests of support and resistance levels, with the stock showing resilience during dips and consolidations. Craig-Hallum initiated coverage of Rocket Lab with a Hold rating and a $51 price target in late July. The stock's momentum was further supported by positive technical indicators and renewed buying interest, with some traders anticipating further gains beyond $50. The overall market sentiment remains optimistic about Rocket Lab's growth prospects, fueled by its operational successes and sustained investor confidence.