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$LUNR

Verified Investing on $LUNR (Nov 9, 2026)

AI summary · Verified Investing

LUNR is a watchlist bullish breakout setup near term: NASA awarded contracts worth up to $10 billion for next year and LUNR is among the recipients. A breakout should continue the uptrend, with pullbacks as buying opportunities; the next target is $14, and further momentum could test Fibonacci resistance at $17.33, off the $46.75 high pivot.

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“Market Bounce Extends as NVDA Slips on CEO News”
Verified InvestingPublished Nov 9 · 2 passages

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Now, we move on to Lunar, which is officially under hacking surveillance. NASA announced today that it has secured government contracts worth up to $10 billion for the next year.

Lunar is one of the companies receiving a portion of this capital inflow, along with SpaceX, Firefly and Voyager. As for Lunar, as we can see in this chart, a breakout is expected tomorrow in the near term.

What do we need to see? The opposite of what we saw at Nvidia. We need to see a continuation of the upward trend, don't we? We want to see a breakout, followed by an extended upward move, and any subsequent pullbacks are buying opportunities to achieve upside targets on Lunar.

The next target is the $14 level. Let me zoom out on the chart so you can see how far we have fallen on this chart from a recent high pivot point at $46.75. The simple Fibonacci retracement from this pivot point's high to low shows the first Fibonacci resistance level at $17.33, making this breakout one of my watchlist.

I want to see this breakthrough continue tomorrow, followed by a slight pullback. In this way, we can see more upward momentum that could push us to $17.33 to test this Fibonacci level.

Let me zoom out on the chart so you can see how far we have fallen on this chart from a recent high pivot point at $46.75. The simple Fibonacci retracement from this pivot point's high to low shows the first Fibonacci resistance level at $17.33, making this breakout one of my watchlist .

I want to see this breakthrough continue tomorrow , followed by a slight pullback. In this way, we can see more upward momentum that could push us to $17.33 to test this Fibonacci level.

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