WED 8/19: AYA – BUYING (1/3) @ $27.20

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. •

3:57 PM – Picking up a 1/3 position in this gold-mining stock as gold-related names show noticeable strength this afternoon, and I’m looking to participate in that move. AYA shares are advancing from the 10 DMA on a 76% increase in volume. That combination of support at the 10 DMA, rising price, and sharply expanding volume is one of my standard technical BUY SIGNALS.

James’ Trader’s Tip: Follow the Price-and-Volume Evidence

  • An advance from the 10 DMA shows that an important technical support level is holding.

  • A 76% increase in volume adds significant confirmation that demand is strengthening.

  • When price and volume align this clearly, pay attention—the stock is telling you something.

https://buyingbreakouts.com/wed-8-19-aya-buying-1-3-27-20/

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