MON 9/29: TTWO – BUYING (1/3) @ $259.80

10:14 AM – Shares broke out to new highs on Friday with twice normal volume. This morning, the stock is continuing to post gains in the same fashion while not being too extended from its 10 DMA. Entering a 1/3 position here.

ULTRA Trader’s Tip: Buying on Breakouts

  • Breakouts backed by heavy volume show strong institutional demand.

  • The best breakouts are followed by quick follow-through, not immediate pullbacks.

  • Buying near the start of that momentum—while shares are still close to the 10 DMA—keeps risk controlled.

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.