TUE 3/24: CBL – CALLING A 1ST SELL SIGNAL @ $36.59 -5.6%

1:21 PM – Calling a 1ST SELL SIGNAL here as shares are trading below the 50 DMA, signaling a shift in the intermediate trend. With the broader market remaining very bearish, this adds further downside risk and warrants reducing exposure.

ULTRA Trader’s Tip: Respect Market Pressure

  • Breaks below the 50 DMA often signal deeper technical weakness.

  • Weak market environments increase the probability of follow-through to the downside.

  • Reducing exposure early helps protect capital when conditions deteriorate.

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