THU 4/30: MGA – CALLING A 2ND BUY SIGNAL (1/3) @ $63.61

10:16 AM – Shares are advancing from the 10 DMA with an increase in volume. That combination signals continued demand and qualifies as a BUY/ADD signal under our rules.

NOTE: The company is scheduled to report earnings and is very likely to become volatile.

ULTRA Trader’s Tip: Manage Adds Around Earnings

  • Moves from the 10 DMA with volume confirm strength.

  • Adding in thirds helps control risk ahead of uncertain events like earnings.

  • Be prepared for volatility — position sizing matters most during earnings windows.

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