WED 3/18: PNTG – SELLING (ALL) P/L: -$284.88 -2.8%

9:37 AM – Stock is making new recent lows this morning as the 10 DMA is starting to roll over and a downtrend is developing. In addition, my account is currently stretched on margin, and this is a good opportunity to reduce exposure and free up capital.

James’ Trader’s Tip: Trim Risk When Conditions Change

  • New lows combined with a rolling over 10 DMA signal weakening momentum.

  • Managing margin exposure is just as important as managing individual positions.

  • Freeing up capital allows flexibility to move into stronger opportunities.

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

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.

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