Swing Trade of PENN

So I tried my first swing trade on June 29th using a method I found on the internet at http://www.swing-trade-stocks.com/. I back tested it, and it seems to work fine. I figured what the heck. I can buy and hold and lose or I can try to make money. Goldman Sachs is making billions trading, so why can't I make a little money.

I decided to short in PENN on Wednesday after it made a swing high. I made two buys. One after it completed a swing high at support at 28.25 and once again after it had dropped 1% to $27.93. It looked like a good setup for Thursday as the bearish engulfing chart pattern had formed.

Of course, It shot up on Thursday in a down market no less, but didn't hit my stop. Who the hell is buying a stock in a downtrend in a consumer driven stock on a day like that? No, seriously, I'm new to this and I would like to know. Anyway, It came back in to me today and closed where I'm around break even.

Looks to be going sideways right at a resistance line, but there's no need to try to predict the future. We'll see how it goes on Monday. I'll ride the plan and see how it goes.

Check out the chart.