MON 5/11: MDU – CALLING A BUY SIGNAL (1/3) @ $22.81

3:49 PM – Stock is posting gains from the 10 DMA and moving to new all-time highs with a +58% increase in volume. That is bullish action and a clear technical BUY SIGNAL under our rules.

ULTRA Trader’s Tip: New Highs + Volume + Near the 10 DMA

  • Stocks making new highs are often market leaders.

  • Moves from the 10 DMA confirm continued momentum and offer near-term support.

  • Heavy volume signals institutional demand behind the breakout.

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