TUE 3/3: FCFS – BUYING (1/3) @ $196.00

3:35 PM – I know it’s a very rough market right now, but when I see strength I have to act. The stock continues to show leadership while many others are weakening. I already placed two BUYS on this stock in late February and with this purchase I now have a full position.

BUY SIGNALS:
2/26 (1/3) @ $187.51
2/27 (1/3) @ $189.71
3/3 (1/3) @ $196.00

NEW COST BASIS: $191.07

ULTRA Trader’s Tip: Strength Stands Out in Weak Markets

  • When the market is weak, true leaders become easier to identify.

  • Stocks making new highs while others struggle are often under institutional accumulation.

  • Building a full position only after a stock proves itself reduces risk and improves timing.

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