Power Plays New Idea: LUNR
Trim TSLA & Exit MSFT
October 28, 2024

By Scott Redler

Before we start, we'll take off Microsoft (MSFT) off for a tiny gain into earnings tomorrow.

Next, we'll take off 1/3 of Tesla (TSLA). It's had a quick run from $25o to $270+, so it may already be pricing in positive election news.

Now, on to our new idea:

Name: Intuitive Machines

Ticker: LUNR

Price: $8.50

Needs to Hold: $7.20 to $7.70

Price Objective 1: $9.85 to $10.50

Price Objective 2: N/A

Intuitive Machines (LUNR) is a speculative space exploration name that looks ready to break out to new highs.

If it can get above the $8.80 area, it could hit the $9.85 to $10.50 range.

Stay tuned for more updates!

-Scott

Scott Redler Positions Disclosure as of 2024-10-28 at 11.16.45 AM