WED 10/8: ULTA – BUYING (1/3) @ $564.05

10:04 AM – Shares are making decent gains this morning, trading higher from near the 10 DMA with an increase in volume. This action shows possible institutional interest and is my BUY SIGNAL.

ULTRA Trader’s Tip: Buying From the 10 DMA with Volume

  • The 10-day moving average is the heartbeat of our trading system.

  • When a stock advances from this line with conviction and strong volume, it can mark the start of a new move.

  • Buying near the 10 DMA keeps risk tight and rewards disciplined entries.

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.