TUE 6/9: UNF – BUYING/ADDING TO (1/3) @ $269.73

3:45 PM – Shares are advancing this afternoon and appear headed for a solid close, with volume running +48% above average. I’m going to take that as confirmation of institutional demand and add another 1/3 to my current position.

James’ Trader’s Tip: Let Volume Guide the Decision

  • Price gains become more meaningful when accompanied by expanding volume.

  • Strong closes often indicate buyers remained active throughout the session.

  • Adding to positions after confirmation is generally safer than anticipating the move beforehand.

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