Missing in action
[click on image to enlarge]
When a stock such as Garmin/GRMN (readers will recall my most recent purchase recommendation several weeks ago at ~$69) a rise in price but without the necessitous volume (NB: areas 3 in chart), then I am gone. Which means in this instance that as the shares near the original trading target of $84-85, I am satisfied with my profit, and sell. I have zero need to capture every last penny of potential gain, especially because price rises without volume at critical inflection points are setups themselves for sudden failure.
But that is a topic for a different post.
-- David M Gordon / The Deipnosphist