THU 7/30: AON – CALLING A 2ND SELL SIGNAL @ $360.00 +5.6%

10:55 AM – Calling a 2ND SELL SIGNAL this morning as shares break below the 10 DMA on a sharp increase in trading volume. The combination of a key technical violation and expanding volume suggests institutional selling pressure is increasing and supports further reducing the position.

ULTRA Trader’s Tip: Volume Confirms the Technical Breakdown

• A break below the 10 DMA becomes more meaningful when accompanied by above-average volume.

• Increasing volume often reflects institutional distribution rather than routine profit-taking.

• Scaling out as technical weakness develops helps preserve gains while reducing portfolio risk.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

TUE 7/21: AON – CALLING A 1ST SELL SIGNAL @ $358.28 +5.1%

10:22 AM – Calling a 1ST SELL SIGNAL this morning as shares break below the 10 DMA while also violating the important ROUND-$360 support level. Those combined technical violations indicate that the stock’s short-term momentum is weakening and trigger an initial SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Multiple Technical Violations Carry More Weight

  • The more bearish technical signals that occur simultaneously, the more meaningful the SELL SIGNAL becomes.

  • A break below the 10 DMA coupled with a violation of a key support level is a stronger warning than either signal alone.

  • When multiple technical violations begin to stack up, respect the message the market is sending.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 6/15: AON – ADDING TO WATCH LIST

7:40 PM – Here is our latest chart update for this recent breakout from our Traditional BreakOuts Watch List.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

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.