$LUNR: Rising wedge post breakoutRising wedge one month after breakout, if it breaks the resistance line that has been forming -- watch out below.
Trade ideas
Trade Review - LUNR
When found in the screener, the stock showed a decent continuation pattern on the weekly chart. It was added to the watchlist to track a potential move, still were some distance to prior swing high.
Execution Chart.
Trade Overview
• Structure: Bullish Continuation
• Position: Near Mean
• Entry Trigger: Range Expansion
Entry Details
• Entry Price: 9.38
• Stop Price: 8.30
• Target Price: 12.36
• Expected Risk/Reward: 2.65 R
Exit Strategy
• Exit Price: Closed 50% into 1R and rest at 12.18.
Intuitive Machines (LUNR) Investment Analysis Company Overview: Intuitive Machines NASDAQ:LUNR has made a significant mark in the space exploration sector with a successful lunar landing using its Nova-C lander, becoming the first U.S. commercial entity to achieve this milestone. This accomplishment showcases the company's technological prowess and positions it as a leader among private firms in the emerging space economy.
Key Growth Drivers:
Historic Lunar Landing with Nova-C Lander:
The successful Nova-C lunar landing has boosted Intuitive Machines' credibility, highlighting its capabilities in executing complex space missions. This achievement paves the way for further opportunities, especially in the context of increasing global interest in lunar exploration.
The feat has caught the attention of key stakeholders, including NASA, which may lead to new contracts and partnerships, enhancing revenue prospects and visibility in the industry.
Increased NASA Interest and Potential Artemis Program Involvement:
Following the historic landing, Intuitive Machines has seen growing interest from NASA, which may consider the company for upcoming missions under the Artemis program aimed at returning humans to the Moon.
Securing contracts as part of Artemis or other NASA initiatives would provide consistent revenue streams and solidify the company's role as a trusted partner in U.S. space exploration efforts.
Proprietary Technologies and Competitive Edge:
Intuitive Machines offers advanced proprietary technologies such as the Lunar Data Network and lunar GPS, which are crucial for navigation and communication on the Moon's surface.
These innovations not only give the company a competitive advantage but also open doors for new services and collaborations with other space industry players, potentially generating additional revenue streams.
Technical Analysis and Investment Outlook:
Current Price Level: We are bullish on Intuitive Machines (LUNR) above the $9.00-$9.50 range. This level indicates investor confidence in the company's growth potential, especially following its recent achievements.
Upside Potential: Our upside target for LUNR is $18.00-$20.00, reflecting the company's strong position in the space sector and the potential for new, high-profile contracts.
Support Levels: Strong support is observed near $7.50-$8.00, providing a cushion against potential market volatility.
Catalysts to Watch: Keep an eye on updates regarding new contracts or partnerships, particularly those involving NASA or collaborations within the Artemis program, as these could serve as key catalysts for further gains.
🚀 Intuitive Machines—Pioneering Commercial Lunar Exploration! #SpaceTech #LunarMissions #NovaC #ArtemisProgram
LUNR shortShorting this POS back down to $10 already shorted $14-$11 so I'm coming back for seconds. Low CTB and dying hype im all over it.
LUNR Intuitive Machines Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GILD Gilead Sciences prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $0.62.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LUNR IM-2 Launch upcoming in January 2025The privately held Intuitive Machines, LLC, became a public company after merging with a special-purpose acquisition company, Inflection Point Acquisition Corp., in February 2023. The company is listed on the Nasdaq, incorporated in Delaware. On February 22, 2024, the Odysseus IM-1 spacecraft landed on the Moon. It was the first privately built craft to land on the Moon, and the first American spacecraft to do so since 1972. The Odysseus lander fell on its side when landing, but its instruments remained partially functional (albeit with a reduced downlink capacity), so the mission was judged successful. ( WIKIPEDIA )
This company is picking up momentum and creating higher support while enjoying increased volume for the past three months. It looks like this stock seems to climb during the period when they have a space mission or achieve a new contract. Recently they achieved a Contract worth 4.8 Billion Dollars USD with NASA which is a serious contract and not something to be taken lightly. This contract opens up additional revenue opportunities with other companies. Intuitive Machines is increasing REVENUE YOY at a compounding rate, and has seasoned experienced executives in almost every position of leadership. The company is very motivated and explanatory with their products, and you can access user manuals on their technology. It looks like a very legit company that plans on being around for the next space age and further. They have technology in space communications that could possibly be adapted for satellites that transmit signals to earth as various companies are switching to satellites for cellular tech. Inutitive machines market cap is roughly 915.29 Million USD. Their contract is worth 4.8 billion dollars.
www.reuters.com
Following the launch of IM-1, Intuitive Machines' stock surged 35% in one trading day, rising 75% total by Friday, February 16.
Intuitive Machines’ stock sank 32% after the Odysseus moon lander fell on its side on 23 February 2024.
This stock is a great buy for stability while also offering potential for break outs to scalp shares and sell to play short term trends, while going up in the long term. The stock offers consistent news and they are very motivated to become a Space power house for the USA.
$LUNR 1 Hour Chart AnalysisThe highlighted areas represent key support and resistance zones. The blue arrow indicates a consolidation phase that must be broken through to enable further progress, absent any external news developments. Should the $7.60 level fail, we could see a decline towards the lower $6 range, which represents the worst-case scenario. Conversely, a breakout above the $8.80 resistance level/trendline would present a best-case scenario, potentially leading to a retest of the higher high at $9.80.
Ultimately, the price movement will largely depend on any upcoming contract news. Positive developments could drive the price beyond these technical analysis levels. However, in the absence of such news, I am focusing on the immediate levels presented. Best of luck to all!
Intuitive Machines Stock Surges 53% on $4.8 Bln NASA ContractIntuitive Machines (NASDAQ: NASDAQ:LUNR ) made headlines on Wednesday as its stock soared by 53% in premarket trading, following the announcement of a monumental contract with NASA. This $4.8 billion deal, which stretches over 10 years, is set to solidify Intuitive Machines’ role in building lunar communications and navigation infrastructure. The contract is a significant milestone not only for the company but for NASA's broader mission to establish a permanent human presence on the moon. Let's break down the key elements of this agreement and how it impacts Intuitive Machines both fundamentally and technically.
NASA Contract and Growth Prospects
At the heart of the surge is a new contract with NASA to develop and deploy a satellite constellation that will enable continuous communications between Earth and the moon. The contract includes a base value of $150 million but has the potential to reach up to $4.82 billion if all task orders and extension options are fulfilled. This infrastructure will be crucial for NASA’s ambitious Artemis program, which aims to land humans on the moon's south pole by the end of this decade. Intuitive Machines is also expected to benefit from this network beyond NASA, with private companies increasingly relying on robust lunar communications for future missions.
This contract represents a major win for Intuitive Machines, validating its business model and securing future revenue. Intuitive has steadily increased its revenue from NASA’s contracts, such as the Commercial Lunar Payload Services (CLPS) program. The company's revenue reached $41.4 million in Q2 2024, marking a 130% year-over-year growth. This growth trajectory positions Intuitive Machines as a significant player in the growing space exploration industry.
Additionally, the deal boosts investor confidence in the company's long-term potential. Intuitive Machines went public just last year, and this contract cements its ability to secure lucrative government contracts that will drive its revenue growth. The success of the lunar relay satellite constellation could also pave the way for Intuitive to expand its services, including the deployment of lunar rovers and autonomous systems on the moon.
Technical Analysis: Breakout or Overbought?
From a technical perspective, NASDAQ:LUNR stock's price movement on Wednesday was nothing short of spectacular. The stock rose 53% in premarket trading, pushing its price to $8.21. This massive surge is a clear reaction to the NASA contract announcement, as investors rushed to capitalize on the positive news.
Before the announcement, NASDAQ:LUNR had been hovering at a relatively low point, with Tuesday's close marking a 5.5% drop. However, Wednesday’s surge wiped out recent losses and pushed the stock into a breakout pattern. As of the time of writing, the stock's RSI (Relative Strength Index) sits at 55.22, indicating that the stock is approaching overbought territory, but not quite there yet. This could signal a continuation of the upward momentum, especially if investor sentiment remains positive.
However, caution is warranted. While the stock’s current performance is bullish, it’s important to consider that such large surges can sometimes result in a near-term pullback, especially after a rapid spike in premarket trading. The possibility of a gap-down pattern in the next trading session is real, given the lack of prior trading activity ahead of the surge. Investors will be watching closely for signs of a "cooling off" period, which is typically characterized by profit-taking and a slight decline in price.
The overall outlook for NASDAQ:LUNR hinges not only on the contract news but also on broader market factors. For example, the upcoming Federal Reserve speech by Chairman Jerome Powell could influence broader market sentiment, potentially affecting Intuitive Machines' stock. If Powell signals a more hawkish stance on interest rates, high-growth stocks like Intuitive Machines could experience volatility, especially as investors weigh the prospects of future monetary tightening against growth.
Looking Ahead: Risks and Opportunities
While the NASA contract is a massive boost for Intuitive Machines, there are several factors to consider moving forward. The $4.82 billion figure represents the maximum value of the contract, and it’s not guaranteed that Intuitive will secure the full amount. The task orders and extension options will depend on the successful execution of its satellite constellation and navigation services.
Moreover, the space exploration industry remains highly competitive. Intuitive Machines will need to continue innovating to stay ahead of competitors and secure additional contracts. Companies like SpaceX and Blue Origin are also heavily involved in NASA's lunar programs, which means that Intuitive Machines will need to maintain its momentum to remain a critical partner for NASA.
In terms of opportunities, Intuitive Machines’ continued collaboration with NASA opens doors for further commercial ventures. As space exploration becomes more privatized, with companies eyeing lunar mining and permanent bases on the moon, the need for reliable communications and navigation infrastructure will only increase. This contract could serve as a springboard for Intuitive Machines to position itself as a key player in future lunar and space missions.
Conclusion
In conclusion, the $4.8 billion NASA contract marks a turning point for Intuitive Machines, both fundamentally and technically. The stock’s surge reflects investor optimism about the company’s future growth prospects and ability to capitalize on new opportunities in the space industry. While there are risks of a pullback after such a rapid rise, the long-term outlook for Intuitive Machines remains promising, especially as it becomes an increasingly integral part of NASA’s lunar mission.
As investors digest the implications of this contract, the coming weeks will be crucial for $LUNR. With NASA's backing and strong growth potential, Intuitive Machines looks set to navigate the challenges of the space industry and deliver value for its shareholders.
LUNR a space exploation penny stock with momentum LONGLUNR got an injection of trader and investor interest this week on the news that their lunar
lander ( robotic unmanned) is launch ready. While it is a publically owned company, 50% is
insiders, 40% retail investors and 10% institutions. In is in the shadow of NASA in Houston from
whom it has drawn employees. Of particular importance last spring when there was a news
catalyst , price went to the moon into the 45 level. This time around is early in the cycle.
In February from liftoff to descent and landing took two weeks. Volumes topped out at 7M
shares per day. Current volume is about 760K. Price was flat in the Friday after-hours trading
on expected diminished trading. I expect LUNR to be actively traded until the news starts
getting old. After that, the 50% insiders some of what are just rank and file employees
but some of which are executive types with larger share quantities may find away to augment
the news cycle. My stop loss is 5 at the Friday afternoon low pivot. My target is near to the
head and shoulders of the February high pivot. I especially note a 425% earnings beat ( they
only burned 20% of the cash burning projection set by the analysts. Earnings is soon to arrive.
This could turn out to be a Tim Sykes' "supernova" with news digestion associated momentum
synergized with another earnings beat ( the earnings is probably all grants from NASA and the
Pentagon). I assert this could turn out to a a great trade.
How to trade LUNRLUNR, now at 5.9 on March-15-2024 :
As per key observation of US stocks, Per EW there is high chance of retracing till 0.236
and the same happened in LUNR also.
Strategy in investing in LUNR is simple.
Invest little
Keep strict stoploss at 5
Accumulate on miving higher levels at 6.61, 7.88, 9.14
uptrend confirmation at 13.25
Thereafter target prices to watch --> 15.8, 17.36, 18.63, 19.9
Expected gains from cmp --> 237%
FYI, i have invested and will hold for longterm of atleast 1 year
LUNR Long Position! March 15th Exp. NASDAQ:LUNR has an insane amount of option activity going into this morning 2/27. After reviewing the 15m chart, and seeing all resistance and support levels being hit and broken, i believe as long as it can break the $6.95 marker, it has a chance to gapping up to the $9.50-$11 range before March 15th exp. contracts. Do what you want with this information and analysis.
Follow for more!
Intuitive Machines Makes History: US Lands on MoonIn a historic feat for private space exploration, an American-made lander, built by Houston-based Intuitive Machines Inc., (NASDAQ: NASDAQ:LUNR ) successfully touched down on the lunar surface, marking the first private spacecraft to achieve this milestone since the Apollo era. The groundbreaking achievement not only ends a string of failures but also heralds a new era of commercial space travel and exploration.
Named Odysseus, the robotic craft landed on the moon at 6:23 p.m. US East Coast time on Thursday, following a series of meticulously orchestrated maneuvers. Despite facing challenges along the way, including technical glitches with navigation systems, Intuitive Machines overcame obstacles with resilience and determination, ultimately achieving a flawless landing.
The successful mission holds significant implications for both the commercial space industry and NASA's ambitious lunar exploration program. For Intuitive Machines ( NASDAQ:LUNR ), the achievement paves the way for future endeavors in ferrying payloads and experiments to the moon, solidifying its position as a key player in the burgeoning space economy.
NASA Administrator Bill Nelson hailed the milestone as a testament to the power of collaboration between government agencies and private enterprises. The partnership between NASA and Intuitive Machines ( NASDAQ:LUNR )exemplifies the agency's commitment to leveraging commercial capabilities to advance space exploration objectives.
The significance of the achievement is further underscored by its timing, coinciding with renewed interest in lunar exploration and efforts to establish a sustainable human presence on the moon. As part of NASA's Artemis program, which aims to return humans to the lunar surface, the data and insights gathered from Odysseus's mission will be invaluable in shaping future exploration efforts.
The successful landing also bodes well for the broader commercial space industry, with shares of Intuitive Machines soaring following the announcement. The company's stock, already on an upward trajectory, received a significant boost, reflecting investor confidence in its technology and business prospects.
Looking ahead, Intuitive Machines ( NASDAQ:LUNR ) is poised to capitalize on its success, with contracts in place to deliver additional landers to the moon's surface in the coming years. With NASA's continued support and the growing demand for commercial space services, the company is well-positioned to play a pivotal role in shaping the future of space exploration.
In conclusion, Intuitive Machines' ( NASDAQ:LUNR ) historic achievement marks a significant milestone in the journey towards expanding humanity's presence beyond Earth. By successfully landing on the moon with a private spacecraft, the company has not only demonstrated the feasibility of commercial lunar exploration but has also opened new frontiers for innovation and discovery in the vast expanse of space.
LUNR Will we reach $10???Breaking a resistance level with supportive trading cycles.
Caution... the stock can be volatile
Buying - $3.6
Target - $10
NASDAQ:LUNR
Papa Elon (MegaBull)Anything with elon is a no brainer... Buy now ill check back in 3 years and you can thank me.
- its on sale below IPO price right now
Lunr This has been beat down. Riskier play but has a pattern building.
Looks like a potential flat top which can be veiwed as a bullish pattern
Support is only about 8.40ish area while reistance is 10$. There is a range to play here and also if you have some patience you can start building a starter postion here
If we lost 7.40-745 area then I’d cut it for now and move on but I think this could be building for a move up towards key reistance at least 10$ but could go to11.50-12$ for an conservative target
$LUNR A Lunar Gem Among Space StocksThe optimal short squeeze consists of a low float stock, high short data, and a strong catalyst. It is for that reason Intuitive Machines, Inc. (NASDAQ: LUNR) should be on investor’s radars thanks to its micro float and swelling short data that is about to collide with a momentous catalyst that gives it a major advantage among space stocks. With plans to execute a commercial moon mission in Q3, LUNR would be the first commercial entity to land on the moon and the mission would be the first moon landing since Apollo 17. In light of this, LUNR stock might witness a short squeeze if the mission is successful.
LUNR Fundamentals
As things stand, LUNR Stock might be an appealing short squeeze play among space stocks. It has a micro float of 329.41 thousand shares which makes it susceptible to running on news. That said, LUNR stock’s short interest increased by 1718% over the course of 3 months reaching 162%, and its float on loan increased by 1909% over the same period reaching 317%. Additionally, its cost to borrow is extremely high at 386% and its utilization is at 100%. Although LUNR is witnessing low trading volume, the stock might soar as a result of its upcoming catalyst as it could attract investors’ attention to the stock.
A Lunar Catalyst For A Lunar Short Squeeze
As far as space stocks catalysts go, a moon landing is extremely significant which is why LUNR’s MI-1 mission could put it on the map. LUNR intends to launch Nova-C in Q3 2023 on a commercial mission to the moon. If successful, IM-1 Nova-c will be the first commercial lunar lander which would be the first step towards creating a lunar commercial market. In this way, LUNR could increase its revenues drastically since it might monopolize this market. Additionally, if Nova-c lands on the moon it will be the first spacecraft to do so since Apollo 17 in 1972 – marking a significant achievement. The publicity alone may cause LUNR stock to run and reach new highs – especially with its high short data. Based on this, LUNR could be one of the space stocks to follow closely over the coming months in anticipation of this major catalyst.
LUNR Financials
According to its latest Q1 report, LUNR’s assets increased QoQ from $67 million to $99.7 million. This increase in assets is partially due to LUNR’s cash balance increasing sharply from $25.7 million to $46.8 million. After its Q1 report was released, LUNR obtained an additional $13.6 million in cash due to warrant exercises which means that it currently has around 60.4 million in cash on hand. That said, liabilities also increased from $124.6 million to $220.8 million.
As for revenues, LUNR witnessed a slight decrease YoY from $18.4 million to $18.2 million. On the other hand, LUNR’s operating costs skyrocketed YoY from $22.9 million to $32.1 million – most likely due to preparation relating to the IM-1 mission. For that reason, LUNR’s net loss more than tripled from $1 million to $3.2 million.
Technical Analysis
LUNR stock is in neutral trend trading in a sideways channel between its support at $7.1 and its resistance at $8.39. Looking at the indicators, LUNR is trading below the 200, 50, and 21 MAs. Meanwhile, the RSI is neutral at 57 and the MACD is approaching a bearish crossover.
As for the fundamentals, LUNR has an extremely promising catalyst in its first commercial lunar mission in Q3. If the mission is successful, it would cement LUNR as a serious player in the space sector. Given the stock’s extremely high short data, LUNR could witness a major short squeeze, and the upcoming mission could drive up interest in the stock and allow it to run on high volume – especially with its low float. With the stock trading near support, investors could find a good entry in LUNR stock at the current PPS in anticipation of its major catalyst in Q3.
LUNR Forecast
Currently, LUNR is a prime short squeeze catalyst since a major catalyst is approaching in Q3. While LUNR is witnessing low trading volume lately, the stock could soar if more investors show interest in it. With this in mind, more investors might be attracted to LUNR stock as we approach the company’s first commercial mission to the moon which would be the first lunar mission since 1972. In light of this, LUNR is one of the space stocks worth keeping an eye on over the coming months.
