THU 1/15: KN – BUYING (1/3) @ $24.58

10:08 AM – I sold out of several losing positions this morning to reallocate capital into a stock with better upside velocity. KN is breaking out to new multi-year highs with an increase in volume, signaling strong demand. This name comes directly from my Traditional BreakOuts Watch List. Initiating a 1/3 position here to help right-side the portfolio and improve overall momentum exposure.

MY BUYS:
1/15 (1/3) @ $24.58

James’ Trader’s Tip: Rotate Out of Weakness, Into Strength

  • Capital tied up in laggards carries opportunity cost.

  • Breakouts to multi-year highs often move faster once resistance is cleared.

  • Strategic rotation keeps the portfolio aligned with where momentum is building — not where it’s broken.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.