$Rocket Lab (RKLB.US)$ he gave an interview on CNBC

$Rocket Lab (RKLB.US)$ As a beginner, I don't quite understand, why can't the support at position 22 hold up? Humbly seeking advice.

$Rocket Lab (RKLB.US)$
enter at 20.9 is it too high?

KHPT Holdings Berhad $KHB (0322.MY)$ is set to launch an initial public offering (IPO) on the ACE Market. The subscription period will run from 19 September to 25 September. The IPO is priced at RM0.20 per share, according to the official prospectus. The listing is scheduled for 8 October.
The public issue comprises a total of 108,644,300 new shares, distributed as follows:
– 20,119,400 new shares are reserved for application by the Ma...