Trade of the Day

GRMN closed near the high of the day yesterday displaying late day strength despite a weak afternoon market.

Setup - Buy Stop 5 cents above yesterday's high around $63.30. Initial target was set at $64.00 with a second target at $67.00. These targets match up with previous congestion areas on the daily chart over the last three months.

Blue arrows are my entry points and the red arrows are exit points.