3:55 PM – This highly ranked semiconductor stock is advancing from its 10 DMA with a +52% increase in volume, signaling strong institutional participation. Initial support is defined at the 10 DMA of $259.31, with secondary support at the ROUND-$250 level. I’m starting with a 2/3 position, which is more aggressive than usual, and will be monitoring price action closely at the open.

BUY SIGNALS:
1/28 (2/3) @ $263.80

James’ Trader’s Tip: Size Reflects Conviction — But Risk Still Rules

• Higher position size requires tighter attention, not looser rules.

• Defined support levels keep risk measurable and manageable.

• Strong volume from the 10 DMA is constructive — but discipline stays non-negotiable.

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