MON 4/27: JCI – CALLING A BUY SIGNAL (1/3) @ $144.30

10:13 AM – The stock is making solid gains this morning from near its 10 DMA as volume is running well above average. That combination signals strong demand. Shares have been trading in a steady uptrend over the past month, supported by a company with solid fundamentals and very high overall rankings.

ULTRA Trader’s Tip: Align With the Trend

  • Buying stocks already in an uptrend increases probability of success.

  • Moves from the 10 DMA with volume confirm institutional support.

  • Strong fundamentals + strong technicals = higher-quality setups.

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