WED 12/10: ASTE – SELLING (ALL) P/L: -$507.89 -5.1%

9:40 AM – Selling the remaining shares here to free up capital for stocks showing stronger technical conditions.

SELL SIGNALS:
12/9 (1/3) @ $44.13 –5.1%
12/10 (ALL) @ $44.13 –5.1%

OVERALL P/L: –5.1%

ULTRA Trader’s Tip: Capital Can Be Better Used
• When a stock loses momentum, holding it creates opportunity cost.
• Redirecting capital into stronger technical setups improves portfolio efficiency.
• Stay disciplined — capital flows toward strength, not stagnation.

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

TUE 12/9: ASTE – SELLING (1/3) P/L: -$167.83 -5.0%

2:15 PM – Shares are falling below the 10 DMA and also breaking below their short-term uptrend, signaling a clear loss of momentum. Calling a 1/3 SELL SIGNAL here — which represents 1/3 of the 1/3 position currently held.

SELL SIGNALS:
12/9 (1/3) @ $44.12 –5.0%

ULTRA Trader’s Tip: The Break in Character

  • When a stock loses both the 10 DMA and its uptrend, momentum is no longer working in your favor.

  • These “breaks in character” often precede deeper pullbacks — trimming early protects capital.

  • Staying disciplined with technical violations keeps you out of trouble and ready for stronger opportunities.

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

THU 12/4: ASTE – BUYING (1/3) @ $46.49

3:45 PM – Making gains above the 50 DMA and breaking out of a downtrend with volume conviction of +83% — bullish technical signs that justify a BUY SIGNAL. The stock has very high ranks, is in a great group, and the company has decent fundamentals.

BUY SIGNALS:
12/4 – 1/3 @ $46.49

ULTRA Trader’s Tip: Respect Trend Shifts

  • A break above the 50 DMA often signals a change in character toward accumulation.

  • Downtrend breaks with rising volume can mark the early stage of a new move.

  • Buying as momentum turns helps position you ahead of potential leadership.

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

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.