WED 3/18: BMO – CALLING A 3RD SELL SIGNAL @ $138.09 +1.6%

3:18 PM – Shares are getting turned back this afternoon from the stacked 10 DMA and 50 DMA lines. That’s triggering a 3RD and FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Stacked Resistance Matters

  • When both the 10 DMA and 50 DMA act as resistance, momentum has clearly shifted.

  • Turn-backs from these key moving averages often lead to continued downside.

  • Final exits protect gains or limits loses when technical conditions deteriorate.

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FRI 3/13: BMO – CALLING A 2ND SELL SIGNAL @ $138.40 +1.9%

11:16 AM – Shares are clearly breaking below the 50 DMA this morning. That violation signals weakening intermediate-term momentum. I’m calling a 2ND SELL SIGNAL here and lowering our next level of support to $135.00.

ULTRA Trader’s Tip: Respect the 50 DMA

  • The 50 DMA is a key institutional support level for many stocks.

  • Breaks below that line often signal a shift in the intermediate trend.

  • Scaling out helps reduce risk while maintaining flexibility.

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THU 1/29: BMO – CALLING A 2ND BUY SIGNAL (1/3) @ $140.62

3:46 PM – Calling a 2ND BUY SIGNAL as shares are advancing from their 10 DMA and breaking decisively above the ROUND-$140 level. Volume is running at roughly three times the normal rate, confirming strong institutional demand as the stock continues to trend to new all-time highs. This bullish technical action is reinforced by very high overall ranks and a leading industry group.

BUY SIGNALS:
12/11 (1/3) @ $131.14
1/29 (1/3) @ $140.62

SELL SIGNALS:
12/7 (1/3) @ $128.13 –2.3%

NEW COST BASIS: $135.88

ULTRA Trader’s Tip: Strength Plus Volume Is the Combination That Matters

  • Moves up from the 10 DMA establish momentum.

  • Breakouts through round-number resistance attract fresh demand.

  • When price, volume, and rank align, adding exposure is justified — not forced.

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WED 12/17: BMO – CALLING A 1ST SELL SIGNAL @ $128.13 -2.3%

11:23 AM – Breaking below its 10 DMA as the broader market continues to weaken.

SELL SIGNALS:
12/17 (1/3) @ $128.13 –2.3%

ULTRA Trader’s Tip: First Signals Are About Risk Control

    • A break of the 10 DMA is often the market’s first warning that momentum is shifting.

    • First SELL SIGNALS are meant to reduce exposure, not predict the final outcome.

    • Acting early keeps small problems from turning into larger ones.

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WED 12/17: BMO – SELLING (ALL) P/L: -$231.43 -2.3%

11:23 AM – Breaking below its 10 DMA as the broader market continues to weaken.

SELL SIGNALS:
12/17 (ALL) @ $128.13 –2.3%

ULTRA Trader’s Tip: Market Context Matters

    • Individual stock weakness carries more weight when the broader market is under pressure.

    • Breaks of the 10 DMA during market weakness often lead to faster downside follow-through.

    • Reducing exposure in weakening conditions preserves capital for better environments.

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THU 12/11: BMO – BUYING (1/3) @ $131.14

10:07 AM – Stock looks like it’s ready to break out to new all-time highs as volume is above average. BUY SIGNAL.

BUY SIGNALS:
12/11 (1/3) @ $131.14

ULTRA Trader’s Tip: Buying Strength With Volume

    • Volume confirms whether a breakout is real or just noise.

    • New all-time highs clear overhead resistance and open the door for trend acceleration.

    • Strong volume on a breakout signals institutional demand — the fuel behind sustained moves.

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