Trade Review - LUNR

When found in the screener, the stock showed a decent continuation pattern on the weekly chart. It was added to the watchlist to track a potential move, still were some distance to prior swing high.


Execution Chart.

Trade Overview
• Structure: Bullish Continuation
• Position: Near Mean
• Entry Trigger: Range Expansion

Entry Details
• Entry Price: 9.38
• Stop Price: 8.30
• Target Price: 12.36
• Expected Risk/Reward: 2.65 R

Exit Strategy
• Exit Price: Closed 50% into 1R and rest at 12.18.