THU 4/16: IDA – BUYING/ADDING (1/3) @ $148.42

9:59 AM – Stock is trading higher from the 10 DMA with above-average volume. Going to start a 1/3 position here at the close.

ULTRA Trader’s Tip: The 10 DMA Is the Trigger

  • Moves higher from the 10 DMA signal strong short-term momentum.

  • Volume expansion confirms institutional participation.

  • Starting with a 1/3 position lets the stock prove itself before adding more.

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

THU 10/23: IDA – CALLING A FINAL SELL SIGNAL @ $134.15 +10.9%

3:46 PM – Stock has clearly broken its defining 10 DMA support. As previously noted, a break of that level would trigger a SELL SIGNAL. Locking in final profits here after a strong multi-month run.

SELL SIGNALS:
7/23 @ $122.70 +1.4%
8/28 @ $125.08 +3.4%
10/23 @ $134.15 +10.9%

ULTRA Trader’s Tip: Respect the 10 DMA

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

  • A decisive break below it often signals a shift in short-term momentum.

  • Locking in profits early keeps you playing from strength — not defense.

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.