FRI 8/14: ECPG – BUYING (1/3) @ $102.93

James F. Taulman
James F. 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. •

10:04 AM – Starting a 1/3 position in this Financial Services-Specialty stock this morning as shares trade higher above the ROUND-$100 level on an increase in volume. This is the type of bullish price-and-volume action I cannot ignore. Let the stock tell you what to do—and then have the discipline to listen.

James’ Trader’s Tip: Let the Stock Make the Decision

  • A move above a key round-number level can signal that resistance is being cleared.

  • Increasing volume adds confirmation that stronger buying demand is supporting the advance.

  • The goal is not to predict what a stock should do. Watch the price and volume action, then respond to what it is actually doing.

https://buyingbreakouts.com/fri-8-14-ecpg-buying-1-3-102-93/

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