TUE 6/23: UNF – SELLING (ALL) P/L: -$515.16 -5.2%

3:47 PM – Selling the remainder of my UNF position here as the 10 DMA continues to act as resistance. We see this pattern time and time again when technical weakness develops. I’m not waiting for the next potential technical violation, which would likely be a break below the 50 DMA, currently at $261.37. I’d rather free up capital and redeploy it into stocks showing better technical conditions, such as TRV.

James’ Trader’s Tip: Resistance Is Just as Important as Support

  • A stock repeatedly failing at the 10 DMA is often a sign that buyers are losing control.

  • Former support levels frequently become resistance after they are broken.

  • When a stock cannot reclaim key moving averages, capital is often better deployed in stronger opportunities.

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MON 6/22: UNF – SELLING (1/3) P/L: -$415.01 -4.2%

3:45 PM – Selling another 1/3 of my UNF position as the 10 DMA continues to roll over. A declining 10 DMA is often an early sign that momentum is fading, and I want to continue reducing exposure as the stock’s technical condition deteriorates.

James’ Trader’s Tip: Pay Attention to the Direction of the Trend

  • Moving averages provide more information than just support and resistance levels.

  • A rising 10 DMA typically confirms a healthy uptrend, while a falling 10 DMA can signal weakening momentum.

  • When the trend begins to turn against you, reducing exposure can help preserve capital and flexibility.

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THU 6/18: UNF – SELLING (1/3) P/L: -$429.84 -4.3%

10:14 AM – I have to lighten up on UNF here as the stock is starting to break below support at ROUND-$260. I’m also looking to free up some capital to add to my TILE position, which is currently showing stronger technical action.

ULTRA Trader’s Tip: Capital Should Flow to Strength

  • Not all positions deserve the same amount of capital.

  • When one stock weakens while another strengthens, reallocating capital can improve portfolio efficiency.

  • Successful portfolio management is often about where your money is working best today, not where it was working best yesterday.

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WED 6/17: UNF – Any Further Declines Below the Round-$260 Would Be a Sell Signal

Latest Chart Update: UNF

9:05 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.

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MON 6/15: UNF – A Break Below the Round-$260 Would Be a Sell Signal

Latest Chart Update: UNF

9:25 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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THU 6/11: UNF – BUYING/ADDING TO (1/3) @ $275.93

10:00 AM – Shares are again advancing on strong volume. I’m adding a final 1/3 position here before price potentially becomes too extended from the 10 DMA. My average buy price is now $272.54.

James’ Trader’s Tip: Add to Strength, Not Weakness

  • Additional purchases should be earned through positive price action.

  • Stocks advancing on volume demonstrate continued institutional demand.

  • Scaling into a winner can be far more effective than averaging down in a loser.

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TUE 6/9: UNF – BUYING/ADDING TO (1/3) @ $269.73

3:45 PM – Shares are advancing this afternoon and appear headed for a solid close, with volume running +48% above average. I’m going to take that as confirmation of institutional demand and add another 1/3 to my current position.

James’ Trader’s Tip: Let Volume Guide the Decision

  • Price gains become more meaningful when accompanied by expanding volume.

  • Strong closes often indicate buyers remained active throughout the session.

  • Adding to positions after confirmation is generally safer than anticipating the move beforehand.

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THU 6/4: UNF – BUYING (1/3) @ $272.07

10:14 AM – Starting a 1/3 position in UNF as the stock breaks out this morning. This is primarily a technical-based buy, as the fundamentals do not align as closely with my normal guidelines. However, the breakout action and price strength are sufficient to warrant an initial position.

James’ Trader’s Tip: Not Every Buy Has to Be Perfect

  • Trading is about probabilities, not perfection.

  • Occasionally a stock will check more boxes on the technical side than the fundamental side.

  • When price and volume are sending a clear signal, an initial position can be justified while you continue to monitor the story.

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