GRMN Trade on Aug 12, 2020 15:41 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:

• Daily Chart: Uptrend, Consolidation below ATH.
• TTM Squeeze: Daily
• Earnings Date: 10/29

Reason For Entry:

• Playing the Daily chart. GRMN is testing a breakout level as price action consolidates over the 8 EMA. TTM is in a squeeze on the daily. Looking for a move to ATH. Stop - $100.12 Targets - $105.23 and monitor the 3 and 8 EMA on the daily. 8/24 - Price action bounced off the 20 MA and is back in the buy zone, added to my position and now back at a full position on the trade. Will use original targets for profit levels.

Reason For Exit:

• 8/19 - out half position at the Target 1 level. Holding second half and monitoring the 3 and 8 EMA on the daily. 8/27 Price action flushed out with volume and I closed the trade for a small win.

Recap:

• Entry and exit 1 were correct at their respected levels. Exited early as price action flushed out with volume as the market is extended and red on the day. Small win overall.