MomentumTradingHQ.com Featured Stock for the Week of 9/16/24 - 9/20/24: Intuitive Machines, Inc. (LUNR) Day Trade Return of 20.7%

Late Tuesday, Intuitive Machines (LUNR) announced that NASA had awarded the company the Near Space Network contract for communication and navigation services for missions in the near-space region, which extends from Earth's surface to beyond the Moon.

"With the $4B+ NSN win, LUNR has established itself as the backbone of lunar data transmission," wrote Benchmark analyst Josh Sullivan, in a note Wednesday.

Our proprietary real time alert services picked up LUNR's unusual stock and option volume early Thursday morning. Depending on your favorite momentum indicator several opportunities presented themselves to get in to capture a portion of the daily return.

As shown in the chart below, a day trade entered at 9:10 am and closed at the end of the day would have gained 20.7%. The chart shows the indicators that were triggered as well as the time.

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