LQDT

MON 2/23: LQDT – CALLING A 3RD SELL SIGNAL @ $30.70 -5.5%

James F. Taulman BB - SIDEBAR, LQDT, PERFORMANCE, TDBO, TDBO PERFORMANCE

10:36 AM – Shares are once again being turned back from the 10 DMA, and that rejection is a SELL SIGNAL. Repeated failure at short-term resistance confirms continued technical weakness. Calling a 3RD and FINAL SELL SIGNAL.

SELL SIGNALS:
2/11 (1/3) @ $31.44 -3.3%
2/12 (1/3) @ $30.93 -4.8%
2/23 (1/3) @ $30.70 -5.5%

OVERALL P/L: -4.5%

ULTRA Trader’s Tip: Repeated 10 DMA Rejections Confirm Weakness

• When price repeatedly fails at the 10 DMA, momentum is deteriorating.

• Multiple sell signals remove hope from the equation.

• Closing the trade prevents deeper drawdowns.

• Controlled losses protect long-term performance.

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

THU 2/12: LQDT – CALLING A 2ND SELL SIGNAL @ $30.93 -4.8%

James F. Taulman BB - SIDEBAR, LQDT, PERFORMANCE, TDBO, TDBO PERFORMANCE

10:21 AM – Following yesterday’s weakness, shares are now breaking decisively below the 50 DMA support this morning — a clear technical violation. Calling a 2ND SELL SIGNAL here to help contain losses. A decisive break of the ROUND-$30 level would trigger the FINAL SELL SIGNAL.

SELL SIGNALS:
2/11 (1/3) @ $31.44 –3.3%
2/12 (1/3) @ $30.93 –4.8%

OVERALL P/L (ON SOLD SHARES): –4.1%

ULTRA Trader’s Tip: Respect Breaks of the 50 DMA

• The 50 DMA often acts as intermediate-term support — a break below it signals deterioration.

• Acting quickly on technical violations keeps losses controlled.

• Waiting for “hope” usually increases drawdowns.

• Small, managed losses preserve capital for stronger setups.

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