GRMN (BOUNCE Pattern: Sell)

I sold all my shares of GRMN this morning. Why? Lack of volume. I would of liked to see heavy volume on accumulation, but that never came. Back to 100% cash.

VRGY (BOUNCE Pattern: BUY & SELL 2hr intraday)

I made a stupid mistake today, but the market saved me. Can’t expect market to save me all the time, but got lucky today. I felt good about buying VRGY, but it just did not move briskly as the overall market after my entry. Smart trader would of exited sooner when it was just not acting right, but I held on HOPING.

GRMN (BOUNCE Pattern: BUY)

(Click thumbnail to enlarge.)

Nice BOUNCE pattern on 2-hour intraday chart. GRMN closed above the resistance with volume. With two gaps to fill, I like my chances here. Stop will be placed @ $97.13.

SDS (BOUNCE Pattern: BUY & SELL)

That was one quick $100 loss. I was so sure with this trade, but the stock quickly reversed. If you are cocksure, better watch out. =)

IDSA (RUNWAY Pattern)