FRI 3/6: PNTG – BUYING (1/3) @ $33.64

3:54 PM – Found this bullish setup while running my daily afternoon stock screens. It carries super-high ranks, is in a strong industry group, and the company has a solid fundamental history.

Technically, shares recently blasted higher on earnings, then settled in right at and just above the 10 DMA in a very orderly fashion.

Today, the stock is again moving higher with a +48% increase in volume. That type of action signals institutional demand.

Highly ranked, fundamentally sound stocks that are advancing from the 10 DMA on strong volume = MY BUY SIGNAL.

ULTRA Trader’s Tip: Let the Stock Prove Itself

  • The strongest leaders often pause at the 10 DMA before their next move higher.

  • When price advances from that level on expanding volume, institutions are usually involved.

  • Entering in thirds allows the stock to prove itself before building a full position.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

TUE 10/28: ALLE – CALLING A FINAL SELL SIGNAL @ $169.74 -3.5%

3:51 PM – Remains below its 50 DMA line after dropping below there on earnings — just not recovering. Calling a FINAL SELL SIGNAL to fully exit the position.

SELL SIGNALS:
9/25 @ $173.91 -1.1%
10/24 @ $167.15 -5.0%
10/28 @ $169.74 -3.5%

ULTRA Trader’s Tip: Weak Recoveries Reveal True Momentum

  • Strong stocks reclaim their moving averages quickly — weak ones can’t.

  • Failing to recover after an earnings dip is a clear red flag.

  • When momentum stalls below the 50 DMA, capital is better redeployed elsewhere.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

THU 9/25: ALLE – SELLING (ALL) P/L: – $220.22 -1.1%

9:49 AM – Shares began breaking below the 10 DMA ($176.72) yesterday and continued lower this morning. With the 10 DMA now rolling over, I’m exiting the position.

ULTRA Trader’s Tip: Respect the 10 DMA

  • The 10-day moving average is the heartbeat of system.

  • When a stock breaks below this line, it often signals momentum loss.

  • Exiting quickly helps preserve capital and avoid potential deeper drawdowns.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

MON 9/15: BUYING/ADDING TO: ALLE @ $177.42

10:28 AM – Going to add another 1/3 to my GILD position here as shares are trading higher with an increase in volume.

ULTRA Trader’s Tip: Adding With Volume Confirmation

  • When adding to a position, look for increasing volume to confirm institutional support.

  • Adds work best above support or as a stock shows strength from a key level (10 DMA, 50 DMA, trendline).

  • Scaling in keeps risk controlled while letting you press winners as momentum builds.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

THU 9/11: BUYING: ALLE (1/3) @ $174.41

9:59 AM – Breaking out on volume. BUY SIGNAL.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.