MON 8/10: TPR – BUYING/ADDING (1/3) @ $163.48

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. •

3:35 PM – Adding a second 1/3 position to TPR as we head into today’s close, bringing my total position to 2/3. Shares are showing renewed bullish action with volume-backed gains from the ROUND-$160 support level, and the stock appears set to close near the session high—possibly at a new all-time high close.

James’ Trader’s Tip: Add When Strength Is Confirmed

  • A successful bounce from a key support level shows that buyers are stepping back in.

  • Volume-backed gains add conviction to the move and help confirm the technical strength.

  • Scaling from 1/3 to 2/3 allows us to increase exposure only after the stock begins proving the original trade correct.

https://buyingbreakouts.com/mon-8-10-tpr-buying-adding-1-3-163-48/

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