THU 7/23: AFRM – CALLING A 3RD SELL SIGNAL @ $71.19 +1.6%

10:20 AM – The stock gapped lower this morning, breaking decisively below its 50 DMA. That is a significant technical violation and triggers a 3RD and FINAL SELL SIGNAL under our rules. The breakdown confirms continued technical deterioration and warrants exiting the remaining position.

ULTRA Trader’s Tip: The 50 DMA Is a Critical Support Level

  • A decisive break below the 50 DMA often signals that a stock’s intermediate-term trend is changing.

  • Gap-down breaks through major support indicate that selling pressure has intensified.

  • When a stock violates the 50 DMA after prior SELL SIGNALS, the technical evidence favors exiting the remaining position.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

FRI 7/17: AFRM – CALLING A 2ND SELL SIGNAL @ $76.43 +9.0%

10:07 AM – Shares are gapping lower this morning and breaking below our previously identified support at ROUND-$80. That decisive move through support is a technical violation and triggers a 2ND SELL SIGNAL.

ULTRA Trader’s Tip: Watch for Breaks of Our Key Support Levels

  • Round-number price levels often act as important areas of support and resistance.

  • A gap down through support suggests selling pressure has accelerated.

  • Scaling out as technical conditions weaken helps protect gains while reducing overall portfolio risk.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

TUE 6/16: AFRM – Bullish Action Continues With Volume-Backed Gains of +3.9%

Latest Chart Update: AFRM

8:50 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

FRI 6/5: AFRM – SELLING (ALL) P/L: -$599.85 -9.0%

10:57 AM – Selling all of my AFRM this morning as the stock continues to show bearish technical signs. After recently breaking below the 10 DMA and 200 DMA, the stock has failed to stabilize and continues to deteriorate.

ULTRA Trader’s Tip: Capital Preservation Comes First

  • Strong traders focus as much on protecting capital as they do on making profits.

  • When a stock continues showing technical weakness, hope is not a strategy.

  • Exiting losing positions quickly keeps you financially and emotionally prepared for the next opportunity.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 6/3: AFRM – SELLING (1/3) P/L: -$234.26 -7.1%

2:27 PM – The stock sliced through its 10 DMA and also fell below its 200 DMA. Those are significant technical violations and trigger a SELL SIGNAL under our rules.

James’ Trader’s Tip: Respect the Major Moving Averages

  • The 10 DMA measures short-term momentum, while the 200 DMA reflects the longer-term trend.

  • When both levels fail, the chart is signaling a meaningful change in character.

  • Reducing exposure after major technical violations helps preserve capital and maintain discipline.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 6/3: AFRM – CALLING A 1ST SELL SIGNAL @ $66.15 -5.6%

2:24 PM – The stock sliced through its 10 DMA and also fell below its 200 DMA. Those are significant technical violations and trigger a 1ST SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Multiple Violations Deserve Attention

  • A break below the 10 DMA signals weakening short-term momentum.

  • A loss of the 200 DMA raises concerns about the longer-term trend.

  • When multiple support levels fail simultaneously, reducing risk becomes the prudent course of action.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

TUE 6/2: AFRM – Pulled Back – Volume Normal – Held Above Key Support Levels – Remains in an Uptrend

Latest Chart Update: AFRM

10:00 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 6/1: AFRM – Remains in Its Current Uptrend

Latest Chart Update: AFRM

9:30 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 5/27: AFRM – BUYING (1/3) @ $71.19

10:44 AM – This stock is from our TrendLine WatchList and is triggering a technical BUY SIGNAL this morning. I’m starting a 1/3 position here as the breakout action confirms improving momentum.

ULTRA Trader’s Tip: Preparation Leads to Opportunity

  • Strong watch lists help identify stocks before major moves develop.

  • Breakouts from trendline setups often signal a change in character.

  • Starting with a smaller position allows flexibility while the setup proves itself.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 5/27: AFRM – CALLING A BUY SIGNAL (1/3) @ $71.10

9:49 AM – This stock has been on our TrendLine WatchList and is now breaking out and triggering our BUY SIGNAL as shares trade above the noted TRIGGER PRICE of $70.10. That breakout action confirms improving momentum and institutional interest.

ULTRA Trader’s Tip: Watch Lists Prepare You for the Move

  • Strong watch lists help identify setups before the breakout occurs.

  • Trigger prices create clear, rule-based entry points.

  • Breakouts above resistance often signal the beginning of a new advance.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.