THU 2/26: FCFS – BUYING (1/3) @ $187.51

10:31 AM – Shares of this all-too-familiar name are advancing from their 10 DMA this morning and breaking out to new all-time highs on above-average volume. That is always my buy signal for these highly ranked stocks. While FirstCash’s group rank is currently lower than I normally like to see, the price action itself is decisive and institutional in character.

BUY SIGNALS:
2/26 (1/3) @ $187.51

James’ Trader’s Tip: Breakouts From the 10 DMA

  • The strongest breakouts often begin with a clean advance off the 10 DMA.

  • New highs on expanding volume signal demand — not speculation.

  • Group rank matters, but price and volume leadership always take priority in real time.

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