THU 8/14: BUYING: Z (1/3) @ $85.19

3:35 PM – Picking up a 1/3 position in Zillow (Z) as shares advance from the 10 DMA ($82.67) with a +86% surge in volume — a clear BUY SIGNAL.

BUY DATE: 8/14

BUY PRICE: $85.19

% P/L: +0.1%

An ULTRA Trader’s Tip: Volume Confirmation Matters

  • A breakout or rebound backed by significantly higher-than-average volume greatly increases the probability of follow-through.
  • Look for at least 50% above average daily volume when confirming a BUY SIGNAL.
  • This volume surge signals institutional interest, which can sustain momentum.

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

 


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.