WED 5/20: CW – Gains Today With the Market Yet Volume Off -13% – Ran Into 10 DMA Resistance at $727.41

Latest Chart Update: CW

9:45 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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

TUE 5/19: CW – CALLING A 1ST/FINAL SELL SIGNAL @ $703.30 -6.4%

3:28 PM – Shares of CW continue to show bearish action. After recently breaking below the 10 DMA, and then the 50 DMA, shares are now breaking below ROUND-$700 on above-average volume. That stacked technical deterioration warrants a FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Multiple Violations Confirm the Trend Shift

  • A break of the 10 DMA is often the first warning sign.

  • Losing the 50 DMA confirms deeper technical weakness.

  • Additional breaks of key price levels — especially on volume — signal it’s time to exit and protect capital.

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

MON 5/18: CW – A Break Below the Round-$700 Would Be the Final Sell Signal

Latest Chart Update: CW

8:15 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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

WED 5/13: CW – CALLING A BUY SIGNAL (1/3) @ $751.08

3:50 PM – Shares are advancing today to new all-time highs from the 10 DMA while volume is running slightly above the normal rate. That combination reflects continued momentum and qualifies as a technical BUY SIGNAL.

ULTRA Trader’s Tip: Leaders Tend to Lead Further

  • Stocks making new all-time highs are showing exceptional relative strength.

  • Advances from the 10 DMA confirm momentum remains intact.

  • Stocks reaching new highs have less will sellers as every holder is profitable.

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