THU 3/12: CRUS – CALLING A 3RD SELL SIGNAL @ $131.19 +3.3%

2:26 PM – Shares are getting turned back from the 10 DMA and are now starting to drop below the 50 DMA. A downtrend is well underway, as the 10 DMA has been acting as firm resistance since the beginning of the month. Calling a 3RD and FINAL SELL SIGNAL here.

ULTRA Trader’s Tip: When Resistance Forms at the 10 DMA

  • When the 10 DMA shifts from support to resistance, momentum has clearly weakened.

  • Breaks below the 50 DMA often confirm a developing downtrend.

  • Final exits help protect capital when multiple technical signals align.

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

TUE 3/3: CRUS – CALLING A 2ND SELL SIGNAL @ $138.22 +8.8%

3:28 PM – Shares are getting turned back from the 10 DMA and are clearly breaking support at the round-$140 level as the 10 DMA begins to roll over. Those are bearish technical developments that signal weakening momentum. Calling a 2ND SELL SIGNAL here while the stock is still holding a solid gain.

BUY SIGNALS:
1/14 (1/3) @ $127.00

SELL SIGNALS:
2/4 (1/3) @ $136.86 +7.8%
3/3 (1/3) @ $138.22 +8.8%

OVERALL P/L: +8.3%

ULTRA Trader’s Tip: Rejection at the 10 DMA Matters

  • When a stock is rejected at the 10 DMA, short-term momentum is weakening.

  • Breaks of round-number support often accelerate selling pressure.

  • Scaling out during early technical deterioration helps preserve gains.

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

WED 2/4: CRUS – CALLING A 1ST PROFIT-TAKING SELL SIGNAL @ $136.86 +7.8%

3:52 PM – Earnings-related moves are often volatile and unpredictable, regardless of longer-term trend. With a solid gain in hand, I’m calling a 1ST SELL SIGNAL here and taking partial profits to reduce event risk.

SELL SIGNALS:
2/4 (1/3) @ $136.86 +7.8%

ULTRA Trader’s Tip: Respect Earnings Volatility

  • Earnings introduce binary risk that charts can’t control.

  • Locking in partial gains ahead of uncertainty preserves flexibility.

  • Selling a portion allows you to stay involved without overexposure.

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

WED 1/14: CRUS – CALLING A BUY SIGNAL (1/3) @ $127.00

10:03 AM – Shares are pushing above prior highs at $127.00 with a sharp increase in volume, confirming a breakout and signaling strong institutional demand.

BUY SIGNALS:
1/14 (1/3) @ $127.00

ULTRA Trader’s Tip: Breakouts Need Clearance

  • Clearing prior highs removes nearby resistance.

  • Volume expansion confirms the move is being supported, not chased.

  • Buying strength as resistance gives way keeps you aligned with momentum, not anticipation.

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