THU 6/11: UNF – BUYING/ADDING TO (1/3) @ $275.93

10:00 AM – Shares are again advancing on strong volume. I’m adding a final 1/3 position here before price potentially becomes too extended from the 10 DMA. My average buy price is now $272.54.

James’ Trader’s Tip: Add to Strength, Not Weakness

  • Additional purchases should be earned through positive price action.

  • Stocks advancing on volume demonstrate continued institutional demand.

  • Scaling into a winner can be far more effective than averaging down in a loser.

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