Garmin (GRMN)

I own a Garmin GPS for my car and it rocks. I think they may be poised for a highly profitable holiday season - and the stock could run up.

The stock hit an all-time-high, $105.75, just last week. Today I purchased 30 shares at $88.82 - that's about a 16% drop from the top. You can see my entry point in the charts below.

This is a 5-month, daily chart of GRMN, showing that it is still above it's trendline.

Here's a 5-minute chart showing today and yesterday. You can see my entry point.