3:44 PM – Initiating a 1/3 position in this Biotech stock near the close as shares display several bullish technical characteristics: (1) trading higher from near the 10 DMA, (2) breaking out above the ROUND-$50 level, and (3) trading on a massive 200% increase in volume. I cannot ignore this combination of bullish price-and-volume action, so I’m taking an initial position here.
James’ Trader’s Tip: When the Evidence Stacks Up, Pay Attention
• Advancing from the 10 DMA provides an initial sign of technical strength.
• Breaking through a key resistance level adds further confirmation.
• When those signals are accompanied by a massive increase in volume, the stock is clearly demanding attention.
CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Most traders fail because they rely on:
❌ Opinions
❌ News headlines
❌ Lagging indicators
❌ Emotion
I focus on:
✔ Price
✔ Volume
✔ Support & Resistance
✔ Proven technical rules
That’s it.
Simple.
Timely.
Actionable.
Built from 25+ years of experience, this system focuses on highly ranked, fundamentally sound stocks setting up in bullish technical bases.
No theory. Just execution.
No credit card required. No commitment.
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 — his most refined and accessible trading system to date.