WED 2/18: MNST – BUYING (1/3) @ $83.68

10:15 AM – Shares are breaking out to new all-time highs on increasing volume this morning, triggering a clear BUY SIGNAL. Technically, price is just above the 10 DMA — a constructive position that provides defined short-term support while keeping the stock from being extended. MNST carries very high overall ranks and a strong fundamental history. I’m personally nitiating 1/3 position here.

MY BUYS:
2/18 (1/3) @ $83.68

James’ Trader’s Tip: Breakouts Near Support Offer Better Risk Control

• Breakouts are strongest when confirmed by expanding volume.

• Entries just above the 10 DMA allow tight risk management.

• Avoid chasing extended stocks — buy strength near structure.

• High ranks plus technical confirmation stack the odds.

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