MON 11/24: MEDP – CALLING A BUY SIGNAL (1/3) @ $616.62

3:16 PM – Stock is breaking out to new highs with an +83% increase in volume. Very high ranks with solid fundamentals.

ULTRA Trader’s Tip: Breakouts to New Highs

  • New highs signal strong institutional demand and leadership behavior.

  • Breakouts with volume confirmation show conviction behind the move.

  • Stocks hitting new highs often continue trending as momentum accelerates

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.