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