THU 1/29: BBVA – CALLING A 2ND BUY SIGNAL (1/3) @ $25.36

3:46 PM – Shares are trading higher from the 10 DMA with a +38% increase in volume, confirming continued accumulation and strength within the group. With price just off new all-time highs and little overhead resistance, this follow-through triggers a 2ND BUY SIGNAL.

BUY SIGNALS:
1/8 (1/3) @ $23.71
1/29 (1/3) @ $25.36

NEW COST BASIS: $24.54

ULTRA Trader’s Tip: Add When Strength Confirms Itself

  • Advances from the 10 DMA signal short-term control.

  • Rising volume confirms institutional participation, not random movement.

  • Adding near highs is acceptable when resistance is minimal and momentum is intact.

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