3:43 PM – The stock is now clearly in a downtrend. After previously breaking below the 10 DMA, it now remains under its 50 DMA. The 10 DMA has rolled over — clear technical damage. We are swing trading, not holding technically broken stocks.

SELL SIGNALS:
10/7 @ $114.95 +1.0%
10/9 @ $113.00 –0.7%
10/14 @ $111.85 –1.8%

Total Gain (3 Sells Combined): –0.5%

ULTRA Trader’s Tip: Don’t Hold Technically Damaged Stocks

• Once a stock loses both its 10 DMA and 50 DMA, the trend is no longer on your side.

• Swing traders focus on momentum, not hope.

• Move on quickly — protecting capital is winning.

CLICK/TAP CHART TO ZOOM
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.

10:14 AM – Trading in a clear downtrend as the 10 DMA rolls over. Any further declines would likely lead to a test of the 50 DMA.

SELL SIGNALS:
10/7 @ $114.95 1.0%
10/9 @ $113.00 -0.7%

ULTRA Trader’s Tip: Follow the Trendline

• Once a stock starts forming lower highs and lower lows, the trend has changed.

• Fighting that trend usually leads to deeper losses.

• Let the chart guide you — not your hope for a rebound.

CLICK/TAP CHART TO ZOOM
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.

9:47 AM – Shares remain below their 10 DMA ($116.20), which now appears to be acting as resistance. Calling a 1st SELL SIGNAL here to manage risk as momentum looks to fade.

ULTRA Trader’s Tip: When Support Turns Into Resistance

• A stock failing to reclaim its 10 DMA often signals a short-term trend reversal.

• What was once support can quickly become resistance.

• Acting early keeps you aligned with strength instead of fighting weakness.

CLICK/TAP CHART TO ZOOM
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.