THU 12/11: TECK – BUYING (1/3) @ $44.97

3:48 PM – Shares are trading higher from the 10 DMA with an increase in volume. That’s always my BUY SIGNAL.

BUY SIGNALS:
12/11 (1/3) @ $44.97

ULTRA Trader’s Tip: Buying From the 10 DMA

    • A strong advance from the 10 DMA often signals renewed institutional demand.

    • Volume confirmation increases conviction and reduces the chance of a false start.

    • Buying near the 10 DMA keeps risk tighter and entries more efficient.

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