Breaking: Intuitive Machines ($LUNR) Up 2% In Mondays Premarket The shares of Intuitive Machines, Inc. (NASDAQ: NASDAQ:LUNR ) are up 2.35% in Monday's premarket session. A company that designs, manufactures, and operates space products and services in the United States.
Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships.
Technical Outlook
As of the time of writing, shares of Intuitive Machines, Inc. (NASDAQ: NASDAQ:LUNR ) are up 3% in premarket session. Trading in tandem with the 1-month low pivot albeit close to the support point, NASDAQ:LUNR is gaining momentum with a break above the 38.2% Fibonacci retracement point set to be the catalyst to spark a bullish renaissance for NASDAQ:LUNR shares.
Though the Relative Strength Index (RSI) is oversold at 30, NASDAQ:LUNR is looking poised to break the psychological 38.2% Fib level. Intuitive Machines, Inc. earnings is coming up Tuesday, May 13, 2025, before market open.
Analyst Forecast
According to 6 analysts, the average rating for LUNR stock is "Strong Buy." The 12-month stock price forecast is $15.5, which is an increase of 118.62% from the latest price.
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BTC Flippening: Roadmap for 8K, 12K, and beyond.This sort of sums up all the targets being called out from on high, but in a way that combines fractal flipping, chart patterns, and waves. We were all expecting something big on September 11, but nothing happened. Or maybe BTC flipped again. The flip traces sort of a mirror image of previous prices.
Looking at a chart patterns site, it was intuitive to visualize how well the broadening bottom pattern would fit the BTC flip hypothesis. It would form a symmetrical fractal ending on December 24, repainting previous big moves in crypto. The points are not random. They fall on the Friday of each week. Why Friday? Because that's payday, when the weekend starts. Friday is the day stock options expire worthless for 90% of retail traders. It's a day when institutions have taken that money and moved markets many times before.
It seemed necessary to predict prices going low enough to take out stops, and then bouncing up for a bull trap before committing to larger down moves. Expect the unexpected in the short term. And then zoom out to see how it all fits.
Institutions and CFDs seem to enjoy painting obvious daily patterns like these on charts for their trading educators to stand on. They entice undisciplined speculators to open margin accounts for 100x wreckage on small moves. The tops and bottoms coincide with support and resistance levels extrapolated from previous price action and are not set in stone. But it would be interesting to see how many are hit.
And there is still plenty of room for doombear barts in the holiday aftermath with their jaunty 1-2K predictions.