FRI 9/26: RJF – CALLING A BUY SIGNAL (1/3) @ $175.36

3:47 PM – Posting gains from the 10 DMA with a +49% increase in volume. That’s always my BUY SIGNAL. A break above the previous high at $177.66 would be bullish confirmation.

ULTRA Trader’s Tip: Respect the Previous High

  • When a stock advances from its 10 DMA with strong volume, that’s your BUY SIGNAL.

  • But true confirmation often comes with a decisive move above the prior high.

  • Breaking that level clears overhead supply and opens the door for a stronger run.

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.