WED 8/13: BUYING: SVV (1/3) @ $11.55

3:45 PM – Starting a position here with a 1/3 BUY as shares trade higher from the 10 DMA with volume coming in at +214% above average.

BUY DATE: 8/13

BUY PRICE: $11.55

% P/L: +0.1%

An ULTRA Trader’s Tip: Gains From the 10 DMA With Volume = Buy Signal

  • A strong rebound from the 10 DMA, backed by increased bullish volume, is a sign of renewed demand.
  • This action helps confirm support at the 10 DMA and also triggers a fresh buy/add signal.
  • Consider adding to positions or initiating a new trade, while keeping stops just below the 10 DMA.

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.