Intuitive Machines, Inc. stock forum
LUNR I was just looking at the Price to Sales Ratio for the Space Stocks in my watchlist….I haven’t delved into much of the Fundamentals however with how much LUNR has in the Pipe it should move up 6x and VSAT 20x…
ASTS……. 1542x. 😆
RKLB……. 31.35x
SIDU…….. 3.67x
LUNR……. 4.33x
VSAT…….. 0.24x
Perhaps this is why LUNR has such strong support after each dip.
LUNR Stock up people, last change to get on this rocket!LUNR Well from the 2 hour chart, I previously mentioned a close at $12.36 would be Bullish but on the daily chart it could convert to a rectangle Pattern and Tap Out around $13 so today it hit $12.96. Keep in mind today's move is Ai Driven and any news related in the market space can prompt a reaction. In this case the move I believe was sparked by SIDU 's news and market move. If the trend continues now then a retest of $16 may happen sooner than later.
LUNR Attached are the 2 hour charts for LUNR. Over the past 3 days it has settled into a Consolidation Pattern. The Heavy Red Line is the 100 day EMA, the Blue is the 50 and the Gold Line is the 200 day EMA. If the 50 Bearishly crosses the 200 that will be considered a Death Cross and would spell Bad News for the price.
LUNR Here's another pattern to keep your eyes on. A descending triangle refers to a bearish chart pattern that is characterized by a descending upper trendline and a second, horizontal trendline.... These are fairly reliable however if there is enough support it might maintain the horizontal trendline and then convert to a Rectangle Pattern instead which could see the high end Tap Out around $13.00
LUNR Finally here's a closeup of the chart for the past month. Notice when the chart is in a Bullish Uptrend the candles are remaining above the 7 day EMA and now they are trending below it. yesterday's rally could not be sustained and Sellers won. A close back above $12.36 would be considered bullish however the 50 day EMA is sitting at $10.68 and I believe this could be the Technical Bottom before a new rally. Just need to keep a close eye, one day at a time.
LUNR Here's a close look at the Money Flow Index. The 6 month Bullish Divergence was recently broken as well. Supporting this is that the ADX Indicator is sitting at 49.7 indicating that the current trend is strong, basically anything over 25 is trending.
LUNR Interesting look at the MACD Indicator from the daily chart. It is lower now than it was back in March with the big sell off. Unless some other news comes out to prop this up it would appear the weakness shall remain in the short term and although it appears to be receiving good support at this level my previous chart did show for a potential drop of another $1
LUNR If IM2 news is bad, right down to 8 bucks