3:55 PM – Shares were turned back from the 10 DMA, which has acted as firm resistance in recent sessions. That repeated rejection confirms continued technical weakness. With downside pressure persisting, I’m calling a FINAL SELL SIGNAL here and exiting the position.

SELL SIGNALS:
12/4 (1/3) @ $550.48 –10.7%
2/2 (1/3) @ $587.01 –4.8%
2/3 (1/3) @ $568.51 –7.8% FINAL

OVERALL P/L: –7.8%

James’ Trader’s Tip: Multiple Failures Are a Verdict

• One test of resistance can be noise.

• Repeated turnbacks from the 10 DMA are confirmation.

• Exiting decisively when momentum fails prevents losses from compounding.

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

3:55 PM – Shares dipped decisively below the 50 DMA today, while the 10 DMA is rolling over, confirming a deterioration in short-term momentum. Overhead, ROUND-$600 resistance remains firmly in place, and a well-defined downtrend from recent highs has fully developed. These bearish technical violations warrant continued defensive positioning.

SELL SIGNALS:
12/4 (1/3) @ $550.48 –10.7%
2/2 (1/3) @ $587.01 –4.8%

OVERALL P/L (ON SOLD SHARES): –7.8%

ULTRA Trader’s Tip: When Trend and Support Fail Together

• Breaks of the 50 DMA signal deeper technical trouble.

• A rolling 10 DMA confirms momentum is no longer supportive.

• When overhead resistance outweighs upside potential, capital preservation takes priority.

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

9:45 AM – Stock is slicing through its 50 DMA support in a sharp selloff on a +239% volume increase. Calling a FINAL SELL SIGNAL here this morning as momentum clearly breaks down.

SELL SIGNAL:
12/4 @ $550.48 –10.7%

ULTRA Trader’s Tip: Heavy Volume Confirms the Message

• When a stock loses major support on a volume surge, institutions are unloading.

• Sharp breaks of the 50 DMA often signal a deeper change in character.

• Exiting quickly keeps losses contained and capital ready for stronger opportunities.

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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.