Risk Level: 7/10(High)
Given its low profitability and significant cash burn, LUNR poses a high-risk investment at present. Despite a promising catalyst through its involvement with NASA, negative earnings and a reliance on capital markets for cash are concerning. The volatility inherent in stocks within innovative sectors like Aerospace & Defense can result in unpredictable price swings, further heightening risk. Additionally, insider selling could suggest limited confidence from inside stakeholders. As a risky investment, LUNR may not align well with conservative trading strategies or those looking for stable returns.
Support and Resistance Levels
Key Support Level: $9.75, identified through history of strong consolidation and recent trading data.
Resistance Level: Close to its 52-week high at $17.14, though not yet breaking through.
Current Support Indicator: Recent data from 2024-12-02 shows a clear support level formation at $14.42, which may serve as an immediate support.
paperhands101 : How much did you short?
Iwill TradeScared OP paperhands101 : I am on long side small investment just trying to letting know the risk on investment so people didn’t bet too big hoping to be rich overnight I am not betting against this one … I rather Trade or invest scare betting small so as not lose money can’t afford to lose
Divided Sky : But, how much did you short?
Iwill TradeScared OP Divided Sky : Read my position screenshot what do you think is this short position or long you acting like noobie just started trading for a month
Iwill TradeScared OP Divided Sky : If I have short position I will post openly in moomoo community I have nothing to hide I know most of people don’t like short stock because it’s risky and might blowout account if not doing meticulous way only investors go long because they affraid to take risk and settle for less while traders goes both ways …keep in your mind