09:00 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.
9:49 AM – Shares are breaking below recent lows this morning and, more specifically, trading below our noted $68.50 level. That violation confirms continued technical weakness and triggers a long-awaited FINAL SELL SIGNAL.
ULTRA Trader’s Tip: Support Breaks Confirm Weakness
• When a stock breaks recent lows, it signals sellers are in control.
• Violations of clearly identified support levels often accelerate downside pressure.
• Final exits protect capital and keep the portfolio focused on stronger leaders.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
3:22 PM – Shares are making new lows today and not recovering, a clear sign of continued weakness. With the stock failing to regain support, I’m calling a 2ND SELL SIGNAL here to reduce exposure and manage risk.
BUY SIGNALS:
12/11 (1/3) @ $70.10
SELL SIGNALS:
2/27 (1/3) @ $75.39 +7.5%
3/3 (1/3) @ $69.55 -0.8%
OVERALL P/L: +3.4%
ULTRA Trader’s Tip: Respect Weakness When Stocks Fail to Recover
• New intraday lows without a rebound signal persistent selling pressure.
• When a stock cannot reclaim support levels, risk increases quickly.
• Scaling out protects capital while preserving flexibility.
• Defensive action is often the best offense in a weakening market.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
3:45 PM – Shares are selling off despite beating analyst forecasts on both sales and earnings last night. When a stock reacts negatively to strong numbers, that is a caution signal. In these situations, the stock must recover quickly to maintain leadership. The lack of immediate upside follow-through suggests underlying distribution. Calling a 1st SELL SIGNAL here.
SELL SIGNALS:
2/27 (1/3) @ $75.39 +7.5%
See -> Why Did Tutor Perini Stock Drop Today?
ULTRA Trader’s Tip: Earnings Reactions Reveal Character
• A stock that sells off on good earnings is showing supply, not strength.
• Strong leaders should respond to strong numbers with immediate demand.
• When price action contradicts fundamentals, trust the chart — not the headline.
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9:53 AM – Selling my entire TPC position here. Shares are advancing, but volume remains below average, which reduces conviction behind the move as shares approach what could be resistance of some previosu highs. The stock previously pulled back to the ROUND-$80 area and finding support there was constructive. However, with a solid gain in hand and lighter volume on this push, I’m choosing to take the +10.7% profit and free up capital for potentially faster-moving opportunities. This is swing trading.
MY BUYS:
1/12 (1/3) @ $73.24
1/26 (1/3) @ $77.21
1/29 (1/3) @ $80.65
MY SELLS:
2/20 (ALL) +$3,198.56 +10.7%
ULTRA Trader’s Tip: Protect Profits When Momentum Lacks Conviction
• Advancing prices on light volume often lack institutional urgency.
• Strong accounts are built by locking in gains before they fade.
• Capital rotation is part of disciplined portfolio management.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
10:02 AM – Adding a final 1/3 position as shares are breaking above the $80.00 level with a large increase in volume, confirming strength and continuation of the current advance.
MY BUYS:
1/12 (1/3) @ $73.24
1/26 (1/3) @ $77.21
1/29 (1/3) @ $80.65
James’ Trader’s Tip: Add on Strength, Not Hope
Breakouts through round-number resistance often invite fresh demand.
Volume expansion confirms the move is being supported, not chased.
Building positions as price proves itself keeps risk aligned with momentum.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
1:01 PM – Adding another 1/3 to the position as shares continue to advance from the 10 DMA with an increase in afternoon volume. Momentum remains intact, justifying the add as strength confirms.
BUY SIGNALS:
1/12 (1/3) @ $73.24
1/26 (1/3) @ $77.21
NEW COST BASIS: $75.23
James’ Trader’s Tip: Add as Strength Confirms
The best adds occur when price moves higher from the 10 DMA, not when it drifts.
Afternoon volume expansion confirms institutional participation, not retail noise.
Scaling in only after confirmation keeps risk controlled and momentum on your side.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
10:00 AM – Shares are advancing from their 10 DMA with a sharp increase in volume, signaling strong institutional demand. This combination of price and volume is a BUY SIGNAL, especially in a highly ranked stock with solid fundamentals.
BUY SIGNALS:
1/12 (1/3) @ $73.24
ULTRA Trader’s Tip: Volume Confirms the Move
Strong advances from the 10 DMA matter most when volume expands decisively.
Heavy volume signals urgency and sponsorship, not casual buying.
Combining technical strength with high ranks and solid fundamentals stacks the odds in your favor.
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Chart services courtesy of stockcharts.com. Annotations by James Taulman.
BreakOut Alert: TPC has met your high target price of $70.10. The security is currently trading at $70.10.
Thu, 11 Dec 2025 3:11:00 +0000
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