10:56 PM – I started a 1/3 position in this Finance-Investment Management company, which was first introduced on our TrendLine BreakOuts Watch List just a couple of days ago.

Today, shares broke out above $16 with volume running 42% above average. That combination of a breakout above resistance and increased volume is what I consider a clear technical BUY SIGNAL.

This also comes alongside today’s bullish action in the broader market, where I’m finally seeing some meaningful volume return and several of the types of stocks we favor making strong moves. These are encouraging developments that I haven’t seen much of recently.

James’ Trader’s Tip: Look for Breakouts Supported by Volume

• A breakout above a clearly defined resistance level is an important sign of improving technical strength.
• Above-average volume adds conviction by showing increased demand behind the move.
• When multiple leading stocks begin breaking out together, it can signal improving conditions for new BUY SIGNALS.

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

Most traders fail because they rely on:

❌ Opinions
❌ News headlines
❌ Lagging indicators
❌ Emotion

I focus on:

✔ Price
✔ Volume
✔ Support & Resistance
✔ Proven technical rules

That’s it.

Simple.
Timely.
Actionable.

Built from 25+ years of experience, this system focuses on highly ranked, fundamentally sound stocks setting up in bullish technical bases.

No theory. Just execution.

No credit card required. No commitment.

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 — his most refined and accessible trading system to date.