WED 6/3: NSIT – Dealing With Previous Noted Resistance – the 10 DMA Is Just Starting to Possibly Line Up

Latest Chart Update: NSIT

9:15 PM – 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.

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

WED 6/3: NSIT – SELLING (ALL) P/L: +$641.03 +12.7%

9:37 AM – Selling the remainder of my NSIT position this morning as the ROUND-$120 level has become resistance, as previously noted. Shares had failed to reclaim that line yesterday and a selling off from there today, making it a logical spot to lock in the remaining gain and redeploy capital elsewhere.

SELL SIGNALS:
6/1 (1/2) @ +16.2%
6/3 (ALL) @ +12.7%

James’ Trader’s Tip: Taking Profits Into Resistance

  • Prior support often becomes resistance.

  • When a stock repeatedly fails at a known resistance level, it may signal waning momentum.

  • Protecting gains is just as important as finding good entries. Capital preserved can be redeployed into stronger opportunities.

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

TUE 6/2: NSIT – Could Not Close Over the Round-$120

Latest Chart Update: NSIT

10:30 PM – 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.

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

MON 6/1: NSIT – SELLING (1/2) P/L: +$814.06 +16.2%

3:52 PM – Deciding to sell 1/2 of my NSIT position here and take a nice, quick profit. Today’s action was clearly bullish, with volume-backed gains, however there is some resistance looming ahead near ROUND-$120. Locking in part of the gain here allows me to participate further while reducing risk.

James’ Trader’s Tip: Partial Profits Create Flexibility

  • Selling part of a winning position locks in gains while keeping upside exposure.

  • Round-number levels often act as resistance as traders take profits.

  • Good trading is about managing risk and reward, not maximizing either one.

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

MON 6/1: NSIT – SELLING (1/2) P/L: +$814.06 +16.2% – Clone

3:52 PM – Deciding to sell 1/2 of my NSIT position here and take a nice, quick profit. Today’s action was clearly bullish, with volume-backed gains, however there is some resistance looming ahead near ROUND-$120. Locking in part of the gain here allows me to participate further while reducing risk.

James’ Trader’s Tip: Partial Profits Create Flexibility

  • Selling part of a winning position locks in gains while keeping upside exposure.

  • Round-number levels often act as resistance as traders take profits.

  • Good trading is about managing risk and reward, not maximizing either one.

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

TUE 5/26: NSIT – Called a Buy Signal This Morning as the Stock Broke Above the Round-$100 Level

Latest Chart Update: NSIT

10:05 PM – 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.

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

TUE 5/26: NSIT – BUYING (1/3) @ $101.21

10:26 AM – Starting a 1/3 position here in NSIT as the stock is breaking out of a downtrend after recently clearing its 200 DMA, and now moving above ROUND-$100. That combination signals improving technical strength and a potential trend change.

James’ Trader’s Tip: Trend Changes Create Opportunity

  • Recovering above the 200 DMA can mark an important shift in trend.

  • Breakouts above round-number resistance often attract additional buying interest.

  • Starting with a smaller position allows participation while managing risk.

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