I'm a discretionary technical trader. This is my strength, and also my weakness. My favorite setups and patterns are SMASH patterns. Volume is critical to this trading strategy. I want to get into a stock when the volume is pouring into it at the rate of a few hundreds, possibly thousands of percent more than the average volume, say, the past couple of weeks, and get out before the volume dries up. I often catch high-fliers of nano-cap companies making large moves with this approach. Sometimes these stocks are moving because of news, and sometimes there's no news.