1:51 PM – After repeatedly running into resistance at the 10 DMA throughout February and forming a pattern of lower highs, shares are now committing another technical violation by breaking below the 50 DMA. That confirms continued deterioration in trend structure. Calling a 3RD and FINAL SELL SIGNAL here.

SELL SIGNALS:
11/5 (1/3) @ $15.59 -3.9%
1/28 (1/3) @ $18.71 +15.4%
2/24 (1/3) @ $17.91 +10.42%

OVERALL P/L: +7.3%

ULTRA Trader’s Tip: Multiple Failures at the 10 DMA Signal Trend Change

• Repeated rejection at the 10 DMA often precedes deeper weakness.

• Lower highs confirm developing downtrend pressure.

• A break of the 50 DMA removes intermediate institutional support.

• Protect gains before a controlled pullback becomes a larger decline.

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

3:52 PM – Shares broke below the 10 DMA and closed at the session lows, signaling a loss of short-term momentum. Calling a 2ND SELL SIGNAL here and locking in the gain.

SELL SIGNALS:
11/5 (1/3) @ $15.59 –3.9%
1/28 (1/3) @ $18.71 +15.4%

ULTRA Trader’s Tip: Let the Close Confirm the Signal

• Breaks of the 10 DMA matter most when price fails into the close.

• Weak closes often precede additional near-term pressure.

• Scaling out as momentum rolls protects gains already earned.

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

9:46 AM – Stock is clearly trading below its 10 DMA line, signaling a loss of short-term momentum. That breakdown confirms a 1st SELL SIGNAL.

SELL SIGNAL:
11/5 @ $15.59 -3.9%

An ULTRA Trader’s Tip: The First Break Matters

• The first clean break below the 10 DMA is often the earliest sign of trouble.

• Momentum fades quietly before the crowd notices.

• Acting early keeps you proactive — not reactive.

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.