WED 1/14: CMC – CALLING A BUY SIGNAL (1/3) @ $74.83

10:03 AM – Shares are breaking above prior highs near $75.00 with an increase in volume, confirming a breakout and signaling renewed institutional demand.

BUY SIGNALS:
1/14 (1/3) @ $74.83

ULTRA Trader’s Tip: Clear the Highs

  • Moves above prior highs remove overhead resistance.

  • Volume expansion confirms the breakout is being sponsored, not chased.

  • Buying strength as resistance clears keeps you aligned with momentum, not anticipation.

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