MNTS multiple launch agreements with SpaceXMNTS Momentus is an U.S. commercial space company that plans to offer transportation and other in-space infrastructure services.
They recently announced that they have signed multiple launch agreements with SpaceX.
On 1/10/2022 Deutsche Bank Initiated Coverage on MNTS with a Buy rating and a Price Target of $10.00
If we look at the chart, this is also a strong resistance ahead.
Looking forward to read your opinion about it.
Momentus
SRAC (Momentus) - waiting for merge Srac (Momentus), is a Space company, possibly ARKX target.
Support: 22$ (volume pad); 20$ (strong support)
PT1: 40$ /R3/ (pre merge price target)
💰🧧 Year of the Metal OX 🐂 🏮❤️💰💰💰 (Aerospace🚀👩🏽🚀 )This is the 3rd part of our 'Year of the Ox' picks.
On the first episode we looked back in 1961 (the last year of the Metal Ox) and the similarities with today (recovery after recession, then and now!)
The second part was our analysis on the Softer (Yin) Metals, especially Lithium and Nickel.
This third part is focused on Aerospace which is an industry I had invested in last year through the XAR ETF
So, back in 1961 Yuri Gagarin was the first man in orbit, in 2021 Sputnik is the Russian vaccine - interestingly enough.
This industry is likely to boom in the years to follow as Elon Musk and others ( have some fun watching this gem ) are investing in new technologies and the plan is to get humanity on other planets, get our hands on resources from 'space mining' and eventually colonize the unknown. Biden's plan is promising , just to add to the general understanding of the potential here.
The key to scoring huge gains in the stock market rests in identifying innovative hypergrowth companies in the top of the first inning of their growth narratives. And, with that in mind, I’d like to introduce you to space technology pioneer Momentus — who, through a merger with blank-check company Stable Road Acquisition Corp (NASDAQ:SRAC, is on the verge of hitting the pubic markets.
In the next parts I will also cover 3d printing which is related to space exploration. Keep in touch for more. 🪐👽
THE FXPROFESSOR 🌎
SRAC (Momentus) 2021 Hourly chartSRAC 01.28.
ARKX GAP between 18.06 – 19.05
Support: 20$
Price target short: 33$ (Chart R3)
New CEO
Merge in Q1
Travelling on a SpaceX rocket. ;)
SRAC soon Momentus upside potentialMomentus is currently trading through Stable Road Acquisition under the ticker SRAC.
Momentus says it is the first company offering the infrastructure that will allow humans to flourish in space. These infrastructure services include last-mile satellite and cargo delivery, payload hosting and in-orbit servicing. In other words, Momentus wants to make space missions as easy as possible. Through a satellite-as-a-service business model, or what some call a space tow truck service, SRAC stock promises to capitalize on the growing space economy and be one of the best stocks to buy in 2021. (investorplace.com)
I expect a retracement before another leg up, but the upside potential including that ARK space ETF is there, if you want to enter early.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Momentus has the MomentumSRAC (Momentus) has the momentum to go higher.
MA10: 16.8 (nice pop up from here today)
MA20: 16.2
Vigoride Mission flight to space is on January 14, on Elon Musk's rocket! This is the closest stock to SpaceX!
Short term target: 25$
After the flight (Jan. 14.)
Long term target: 50$
After the merge in 2021 Q1
$SRAC (Momentus) - a space odyssey! Momentus, moving very nicely
Bull flag here, moving nicely to the 30 target