TUE 8/18: TNDM – BUYING (1/3) @ $23.49

3:31 PM – Picking up a 1/3 position in this Medical-Products company as shares advance from the 10 DMA on a 24% increase in daily volume. The stock also appears capable of closing above the previous high near $23.80, which would provide another bullish technical confirmation.

There has not been much to choose from recently as both the market and individual stocks have remained relatively quiet during this mid-summer stretch following the peak of earnings season. TNDM stands out as one of the more promising opportunities currently showing the type of price-and-volume action that could produce some upside potential.

James’ Trader’s Tip: Selectivity Matters in Quiet Markets

  • When fewer stocks are producing quality technical signals, there is no reason to force trades.

  • Focus on the names that continue to show clear support, improving volume, and bullish price action.

  • Quiet markets reward patience—and make the strongest individual opportunities stand out even more.

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

TUE 8/18: NDSN – CALLING A 1ST SELL SIGNAL @ $305.41 -0.8%

10:05 AM – Calling a 1ST SELL SIGNAL this morning on NDSN as shares have been developing a series of lower highs and are now clearly breaking below the 10 DMA. That break represents a technical violation and triggers a standard SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Lower Highs Often Warn Before the Break

  • A series of lower highs shows that each rally attempt is losing strength.

  • Once price then breaks below the 10 DMA, the weakening pattern becomes more significant.

  • Recognizing deterioration early allows you to reduce exposure before additional technical damage develops.

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

TUE 8/18: AME – SELLING (ALL) P/L: +$257.68 +2.6%

9:56 AM – Selling all my AME shares this morning as the stock is clearly breaking below the 10 DMA. That loss of short-term support is a technical violation, and with a modest profit still intact, I’m locking in the gain and moving on.

James’ Trader’s Tip: Protect Even Small Profits

  • A profit does not have to be large to be worth protecting.

  • When a stock breaks a key support level like the 10 DMA, the technical picture has changed.

  • Taking a small gain and freeing up capital is better than allowing a winning trade to turn into a loss.

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

TUE 8/18: NDSN – SELLING (ALL) P/L: -$76.33 -0.76%

9:56 AM – Selling all of my NDSN here this morning as shares have been developing a series of lower highs and are now clearly breaking below the 10 DMA. With bearish technical action continuing to build, I’m taking this very small loss and moving on rather than waiting for possible additional deterioration.

James’ Trader’s Tip: Small Losses Are Part of the System

  • Not every BUY SIGNAL will develop into a winning trade.

  • When the technical evidence changes, there is no reason to stay committed to the original decision.

  • Taking a small loss quickly keeps capital available for the next opportunity and prevents an insignificant loss from becoming significant.

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

TUE 8/18: PH – CALLING A 1ST SELL SIGNAL @ $1,038.12 +3.4%

9:42 AM – As noted last night, “Any further declines would be a SELL SIGNAL.” Shares are clearly breaking below the 10 DMA this morning on a sharp increase in volume. That combination of a key technical support violation and increased selling volume warrants calling a 1ST SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Increased Volume Makes a Violation More Meaningful

  • A break below the 10 DMA is a standard technical warning under our rules.

  • When that break occurs on sharply increased volume, it adds conviction to the bearish action.

  • Predetermined rules remove emotion from the decision—when the violation occurs, respect the signal.

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

MON 8/17: TPR – Continues Holding After an Earnings Sell-Off Yet Needs to Show Some Bullish Action

9:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: NDSN – Remains Near Its 10 DMA Ahead of Earnings Later This Week

8:55 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: PH – Any Further Declines Would Be a Sell Signal

8:50 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: EIX – Now in a Nascent Uptrend – Watching Resistance of the 50 DMA at $73.64

8:45 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: MD – A Break Out to New Highs Above $27.50 Would Be Buyable

8:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: OII – Shows Some Bullish Action With Volume-Backed Gains to New Highs

8:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: ASND – Remains Below the Round-$250 and the Nearby 50 DMA – Not Good

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/17: SIG – CALLING A 2ND/FINAL SELL SIGNAL @ $88.50 -6.1%

10:04 AM – Calling a 2ND and FINAL SELL SIGNAL this morning as shares break below the 50 DMA. That loss of a major technical support level is a standard SELL SIGNAL under our rules and warrants fully closing out this selection.

ULTRA Trader’s Tip: Major Support Breaks End the Debate

  • The 50 DMA is one of the most important intermediate-term support levels we track.

  • A clear break below that line confirms that technical weakness has progressed beyond a short-term pullback.

  • When a major support level fails, follow the rule and move on.

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

FRI 8/14: TPR – Seems to Be Getting Some Sponsorship Here – Needs to Continue

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: NDSN – Todays Lows to the 10 DMA – Any Further Declines Would Be a Sell Signal

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: PH – Continues to Drift Towards Its 10 DMA at $1043.68 – a Break Below Would Be a Sell Signal

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: EIX – Posts Lighter Volume Gains – Remained Above $70 and Its 10 DMA at $69.55

8:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: MD – Range-Bound Trading Continues as the 50 DMA Now Comes Into Play

8:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: OII – Lost Its Quick Morning Gains Yet Remains in an Uptrend

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: ASND – Dipped to Our Noted Support of $240 – Rallied Into the Close – Needs to Reclaim Its 10 DMA at $249.79

8:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/14: ECPG – BUYING (1/3) @ $102.93

10:04 AM – Starting a 1/3 position in this Financial Services-Specialty stock this morning as shares trade higher above the ROUND-$100 level on an increase in volume. This is the type of bullish price-and-volume action I cannot ignore. Let the stock tell you what to do—and then have the discipline to listen.

James’ Trader’s Tip: Let the Stock Make the Decision

  • A move above a key round-number level can signal that resistance is being cleared.

  • Increasing volume adds confirmation that stronger buying demand is supporting the advance.

  • The goal is not to predict what a stock should do. Watch the price and volume action, then respond to what it is actually doing.

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

THU 8/13: TPR – Gaps Down Hard on Earnings – Weak Guidance

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: NDSN – Makes a Bounce From Its 10 DMA – Decent Sign

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: PH – Looks to Soon Be Meeting Its 10 DMA – a Break Below Is a Sell Signal

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: EIX – Closed Above $70.00 and the 10 DMA – 50 DMA Resistance Looms Ahead

8:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: MD – Continued Quieter Trading Post-Earnings

8:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: OII – Remains in an Uptrend and Above Its 10 DMA – Good Signs

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: ASND – Continued Weakness – Triggered a 3rd Sell Signal @ $245.79 -2.1%

8:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/13: GPN – SELLING (1/2) P/L: +$879.92 +17.5%

3:29 PM – Selling half my GPN position here as shares have made a solid price advance, but volume is running only around the daily average. At the same time, price has become extended from the 10 DMA, currently at $87.52. I’m locking in some decent +17.5% profits here while continuing to hold the remaining half of my position.

James’ Trader’s Tip: Take Some Profits Into Strength

  • A strong price advance can provide an opportunity to lock in gains before any technical weakness develops.

  • When price becomes extended from the 10 DMA, the probability of a normal pullback toward that line increases.

  • Selling part of a winning position allows you to bank profits while maintaining exposure if the stock continues higher.

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

THU 8/13: ASND – CALLING A 3RD SELL SIGNAL @ $245.79 -2.1%

10:07 AM – Calling a 3RD and FINAL SELL SIGNAL this morning as shares have once again fallen below the 10 DMA and are now beginning to break below the 50 DMA as well. With short-term support failing again and a more significant intermediate-term support level now under pressure, the technical deterioration warrants fully closing out this selection.

ULTRA Trader’s Tip: Multiple Support Breaks Confirm the Trend

  • Repeated failures at the 10 DMA show that short-term momentum remains weak.

  • A developing break below the 50 DMA adds another significant technical violation.

  • When multiple support levels begin failing together, the evidence is telling you the trend is deteriorating—respect it.

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

WED 8/12: TPR – Sells Off on Volume – Breaks Below the 10 DMA – Closed at the Lows – Bearish Signs Ahead of Earnings – 1st Sell Signal

10:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: NDSN – Continued Quieter Sideways Trading Give the 10 DMA a Chance to Catch Up and Offer Support

10:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: PH – A Break Below the Recent Lows Near $1057 Would Be the First Concern

10:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: EIX – Seems to Be Dealing With Stacked Resistance of the 10 DMA and the Round-$70

10:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: MD – Holding the 10 DMA Yet Making Lower Highs – the 50 DMA Is Starting to Come Into Play

10:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: OII – Remains in an Uptrend Above Its 10 DMA and Round-$50

10:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: ASND – Continued Range-Bound Trading Ahead of Earnings in the Morning

10:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/12: TPR – SELLING (1/2) P/L: -$482.66 -4.8%

3:46 PM – Selling half of my 2/3 position here as shares break below the 10 DMA. The exception here is that the company is scheduled to report earnings tomorrow morning, so today’s weakness may at least partially be influenced by the upcoming announcement. I’m reducing my risk ahead of the report, but after having some recent success with earnings plays, I’m willing to accept the added risk and hold the remaining 1/3 position through tomorrow morning’s announcement.

James’ Trader’s Tip: Reduce Risk Without Eliminating Opportunity

  • A break below the 10 DMA is a technical violation and should not simply be ignored because earnings are approaching.

  • Earnings can produce significant gaps in either direction, making position size especially important.

  • Selling half allows you to reduce exposure while maintaining a smaller position if you deliberately choose to accept the overnight earnings risk.

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

WED 8/12: PRI – SELLING (ALL) P/L: -$464.85 -4.6%

3:34 PM – Selling all my PRI shares as we head into today’s close. After Monday’s break below the 10 DMA, the stock has continued to exhibit bearish technical action, and the loss is now approaching my acceptable threshold. Rather than allow additional weakness to develop, I’m exiting the position and protecting capital.

James’ Trader’s Tip: Know Your Loss Threshold

  • A technical violation such as a break below the 10 DMA is an early warning that momentum may be deteriorating.

  • When weakness continues and the loss begins approaching your predetermined limit, discipline becomes more important than hope.

  • Taking a manageable loss protects both capital and flexibility for the next stronger opportunity.

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

WED 8/12: ENOV – CALLING A FINAL SELL SIGNAL @ $23.78 -15.4%

9:47 AM – Calling a FINAL SELL SIGNAL this morning as the stock has failed to recover from its earnings sell-off and is making new lows today. The continued inability to rebound following the sharp decline confirms the ongoing technical weakness and warrants fully closing out this selection.

ULTRA Trader’s Tip: Failure to Recover Is Technical Weakness

  • After a sharp sell-off, a healthy stock should begin showing signs of stabilization or recovery.

  • Continued weakness and new lows indicate that sellers remain in control.

  • When a stock repeatedly fails to recover after a major technical breakdown, respect the weakness and move on.

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

TUE 8/11: TPR – A Break of the 10 DMA at $157.55 Would Be a Sell Signal

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: NDSN – Holding Onto Recent Gains as the 10 DMA Get a Chance to Catch Up

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: PH – Starting to Make Lower Highs – a Downtrend Could Be Developing

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: EIX – Posts Bullish Action With Volume-Backed Gains of +3% From the 200 DMA

8:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: MD – At This Point a Break Below $26.00 Would Be the First Concern

8:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: OII – A Break Below the Round-$50 Would Be an Initial Concern

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: ASND – A Break Above the Round-$260 Would Be a Bullish Sign

8:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/11: MYE – CALLING A 2ND SELL SIGNAL @ $32.56 +36.3%

3:44 PM – Calling a 2ND SELL SIGNAL as we head into today’s close. The stock has clearly lost its 10 DMA (blue line) and has continued to exhibit bearish technical action with a string of down days from its recent high. With a substantial +36.3% gain still intact, the continued deterioration is another signal to take additional profits and reduce exposure.

ULTRA Trader’s Tip: Protect Big Winners as Weakness Develops

  • A strong previous gain does not override current bearish technical action.

  • A string of declining sessions followed by a clear 10 DMA violation signals that momentum has changed.

  • Scaling out allows you to systematically protect profits as technical weakness develops rather than waiting for the entire gain to disappear.

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

TUE 8/11: SIG – CALLING A 1ST SELL SIGNAL @ $94.36 +0.1%

3:38 PM – Calling a 1ST SELL SIGNAL as shares continue to exhibit bearish technical action after running into resistance near the previous high at the ROUND-$100 level. The stock has now developed a series of lower highs, fallen back below its 10 DMA, and appears to be developing a short-term downtrend. With multiple signs of technical weakness beginning to stack up, I’m calling the first SELL SIGNAL here.

ULTRA Trader’s Tip: Watch for a Pattern of Lower Highs

  • A series of lower highs shows that buyers are becoming less aggressive with each rally attempt.

  • When that pattern is accompanied by a break below the 10 DMA, the technical picture becomes increasingly bearish.

  • Recognizing a developing downtrend early allows you to reduce exposure before additional technical damage occurs.

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

TUE 8/11: EVRG – CALLING A 3RD SELL SIGNAL @ $82.02 -4.0%

10:08 AM – Bearish technical action continues this morning as shares dip to new recent lows. I’m calling a 3RD and FINAL SELL SIGNAL as the stock continues to get turned back from its 10 DMA, which has now acted as resistance since late July. The repeated failure to reclaim that line confirms the ongoing technical weakness.

ULTRA Trader’s Tip: Repeated Resistance Confirms Weakness

  • When a stock repeatedly gets turned back from the 10 DMA, former support has effectively become resistance.

  • New recent lows confirm that sellers remain in control.

  • Ongoing technical weakness is itself a SELL SIGNAL—especially when recovery attempts continue to fail.

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

TUE 8/11: AMRX – SELLING (ALL) P/L: -$670.51 -6.7%

9:58 AM – Selling all my AMRX shares this morning, and here’s why. The stock recently broke below its 10 DMA, which was the first technical violation. It then fell below our noted ROUND-$18 support, and shares are continuing lower this morning while the 10 DMA is now clearly rolling over. With multiple signs of technical deterioration stacking up, I’m exiting the position and moving on.

James’ Trader’s Tip: Ongoing Technical Weakness Is a Signal

  • A break below the 10 DMA is often the first warning that momentum is deteriorating.

  • Losing additional support levels confirms that the weakness is continuing—not improving.

  • When the 10 DMA begins rolling over while price continues lower, the stock is telling you the technical trend is weakening. Listen to it.

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

MON 8/10: TPR – Rallies in Afternoon Trade to New Highs

8:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: NDSN – Slight Pullback on Below Average Volume – Watching the 10 DMA at $304.14

8:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: PH – Holding on to Its Sharp Earnings Gains – Good Sign

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: EIX – A Break Below the 200-DMA Now at $66.11 Remains the Final Sell Signal

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: MD – Next Support Is at the Stacked 50 DMA and Round-$25 – a Break Below There Is a Sell Signal

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: OII – Solid Price Progress Today From the 10 DMA Yet Volume Only Half Regular Rate

8:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: ASND – Remains Above Support Of The Stacked 10 DMA And The Round-$250

8:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: EVRG – Bearish Action Continues as Price Gets Turned Back From Its 10 DMA Again

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

MON 8/10: TPR – BUYING/ADDING (1/3) @ $163.48

3:35 PM – Adding a second 1/3 position to TPR as we head into today’s close, bringing my total position to 2/3. Shares are showing renewed bullish action with volume-backed gains from the ROUND-$160 support level, and the stock appears set to close near the session high—possibly at a new all-time high close.

James’ Trader’s Tip: Add When Strength Is Confirmed

  • A successful bounce from a key support level shows that buyers are stepping back in.

  • Volume-backed gains add conviction to the move and help confirm the technical strength.

  • Scaling from 1/3 to 2/3 allows us to increase exposure only after the stock begins proving the original trade correct.

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

MON 8/10: CALLING A BUY SIGNAL (1/3) @ $55.45

10:05 AM – Shares of this insurance leader are currently trading higher from the 10 DMA with an increase in volume. This is my most common BUY SIGNAL—price advancing from proven 10 DMA support with expanding volume. Calling for an initial 1/3 position here.

ULTRA Trader’s Tip: The 10 DMA Is Our Primary BUY SIGNAL

  • A stock advancing from its 10 DMA shows that short-term support is holding.

  • Increased volume adds confirmation that meaningful buying demand is behind the move.

  • Starting with a 1/3 position allows us to participate while leaving room to add as additional technical strength develops.

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

MON 8/10: MCK – BUYING (1/3) @ $892.55

9:58 AM – Initiating a 1/3 position in this Medical-Distribution leader as shares trade higher from the 10 DMA on what is currently running at approximately twice normal daily trading volume. The combination of support at the 10 DMA, advancing price, and sharply increased volume represents the type of bullish technical action I consider a BUY SIGNAL.

James’ Trader’s Tip: Volume Adds Conviction to a Move

  • A stock advancing from the 10 DMA shows that this key technical level is acting as support.

  • When that move occurs on sharply increased volume, it signals stronger-than-normal buying demand.

  • Price strength combined with expanding volume provides greater confirmation than price movement alone.

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

FRI 8/7: TPR – Quiet Trading – Remains in Its New Uptrend as the 10 DMA Is Lines Up

7:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: NDSN – Developing an Uptrend as the 10 DMA Start to Line Up – Good Signs

7:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: PH – Held Yesterdays Gap Up Earnings Gains – Good Sign

7:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: EIX – Continues to Show Good 200 DMA ($66.05) Support

7:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: MD – Earnings Action-Reaction Continues – Watching for a Break to New Highs Above $28.00

7:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: OII – A Break Below Our Noted 1st Support at $47.00 Would Be a Sell Signal

7:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: ASND – Did Clearly Clear Its 10 DMA – Now Needs to Break Out of Its 5-Week Downtrend

7:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

FRI 8/7: EVRG – Remains Above Our Noted Support at $82.00

7:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: TPR – Makes an Okay Break as Shares Closed Off of the Highs and Volume Was -11%

10:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: NDSN – Closed Well Off of the Quick Morning Highs – Any Further Declines Could Lead to a Test of the 10 DMA

10:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: PH – Huge Gap Up on Earnings – Likely to Remain Volatile

10:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: EIX – Any Further Declines Would Be a Sell Signal

10:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: MD – Gets Back Above Its 10 DMA After a Quick Earnings Dip

10:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: OII – Continues to Hold the 10 DMA Support at $49.4

10:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: ASND – Needs To More Convincingly Close Above The 10 DMA At $249.08

10:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: EVRG – Got Turned Back From Its 10 DMA – Not Good – a Break Below $82.00 Would Be a Final Sell Signal

10:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: PSMT – Fell Below the 50 DMA and Triggered a 2nd Sell Signal @ $180.00 +13.3%

10:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

THU 8/6: PRI – BUYING (1/3) @ $325.49

3:47 PM – Starting a 1/3 position in this insurance leader as we head into today’s close. Shares found support at the 10 DMA, are trading higher, and appear set to close at a new all-time high while volume runs 52% above average. That combination of strong price action, support at the 10 DMA, and expanding volume gives me a technical BUY SIGNAL.

James’ Trader’s Tip: New Highs Should Be Supported by Volume

  • A move to new highs confirms that the stock is demonstrating superior relative strength.

  • Above-average volume adds conviction by showing increased demand behind the advance.

  • When a stock rebounds from the 10 DMA and pushes into new highs on expanding volume, the technical evidence is distinctly bullish.

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

WED 8/5: NDSN – Posts Slight Gains to New Highs as Volume Was Off -25%

8:50 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: PH – Scheduled to Report Earnings in the Morning

8:45 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: EMA – A Break Below the 200 DMA Would Be the Another Sell Signal

8:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: EIX – Drop to and Found Support at Its 200 DMA at $65.92 – a Break Below Would Be the Final Sell Signal

8:35 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: MD – Completely Recovered From Its Brief Earnings Sell-Off

8:30 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: OII – Did Close Just Below the 10 DMA Yet Remains in an Uptrend

8:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: CNP – Fell Below Its 200 DMA After Triggering 3 Sell Signal Recently – Will Be Removed From Coverage

8:20 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: PNW – Quieter Trading Post-Earnings

8:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: ASND – Once Again Got Turned Back From the 10 DMA – Not Good!

8:12 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: EVRG – Lackluster Trading Continues Below the 50 DMA – Not Good

8:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: TRV – Still Needs to Close Above the 10 DMA at $382.40

8:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: PSMT – A Break of the 50 DMA Support at $185.04 Would Be a Sell Signal

8:00 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

WED 8/5: TPR – BUYING (1/3) @ $161.32

10:14 AM – Starting a 1/3 position in this Apparel-Clothing & Shoes leader from our Traditional BreakOuts Watch List as shares trade to new highs this morning on what, at the time of purchase, is above-average volume. The combination of a breakout to new highs and expanding volume gives us a technical BUY SIGNAL.

James’ Trader’s Tip: Buy Strength, Then Let It Prove Itself

  • New highs show that the stock has cleared prior price resistance.

  • Above-average volume adds confirmation that meaningful demand is supporting the breakout.

  • Starting with a 1/3 position allows the stock to prove the move before additional capital is committed.

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

TUE 8/4: NDSN – Made a Decent Breakout Although Volume Ended the Day Off -23%

9:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/4: PH – Only Very Briefly Broke Out Then Pulled Back

9:25 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/4: EMA – Next Solid Support Is at the 200 DMA -3% Below Todays Close

9:15 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/4: EIX – A Break Below the Round-$70 Would Be Another Sell Signal

9:10 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

TUE 8/4: MD – Got Volatile on Earnings Yet Closed Off of the Lows and Just Above the 50 DMA

9:05 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

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

We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.