IMI- Trendline bounce

This one has bounced of trend line yesterday and finished with a hammer.
This has so far held that trend line a few times now and has been a good trade.
Stops have to be below the hammer
Ive been in and out of this quite a few times now

dyor
remo

Im long on this on the re-test with a 10 point stop so small risk.

dyor
remo

Im still long on this and will be closing the long at 972

I will be shorting this at 976 with a 10 point stop

This is in a trading range and if this does finish the day above 972 this could fly higher so i will be looking to go long if it does breakout but will enter on a re-test. The target for the breakout is 74 points.
I dont play the breakout game as most breakouts are false so hence why im shorting at resistance at first attempt.

DYOR
remo

dl.dropbox.com/u/4899609/imi%2018thoct.jpg

this is in a nice little trading range as well.
This bounced of the support from the trading range perfectly yesterday creating a hammer
and now looks to be heading towards the top of the trading range again.

Stops are below 897






DYOR
remo