WED 12/24: MPAA – CALLING A FINAL SELL SIGNAL @ $12.04 -28.38%

10:01 AM – The stock never recovered from the sharp, single-session earnings sell-off.

As seen on the chart below, on 12/8 the 10 DMA came into play, while the 200 DMA coming into play more recently.

Over the past several sessions, gains stalled at the 10 DMA, confirming a loss of momentum. Today’s decisive break below the 200 DMA represents another technical violation and triggers the FINAL SELL SIGNAL.

This closes the trade and frees up remaining capital for stocks with stronger technical positioning.

SELL SIGNALS:
9/29 (1/3) @ $16.40 –2.4%
10/6 (1/3) @ $15.88 –5.5%
12/24 (1/3) @ $12.04 –28.38%

OVERALL P/L: –12.1%

ULTRA Trader’s Tip: Respect Technical Violations

  • Large earnings gaps often change a stock’s character for an extended period.

  • When the 10 DMA becomes firm resistance, gain into should be sold, not trusted.

  • A 200 DMA break after prolonged weakness is rarely the place to be patient — capital is better redeployed into cleaner technical setups.

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

MON 10/6: MPAA – CALLING A 2ND SELL SIGNAL @ $15.88 -5.5%

3:45 PM – Further declines today are undercutting recent lows, prompting a 2nd SELL SIGNAL to reduce exposure. Next support is at the ROUND-$15, followed by the 50 DMA currently at $14.43.

ULTRA Trader’s Tip: Don’t Ignore Lower Lows

  • When a stock starts printing lower lows, momentum has shifted.

  • Respect the pattern — it’s often the market’s early warning before deeper weakness.

  • Selling partials here can protect gains and free up cash for stronger setups.

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.

MON 9/29: MPAA – SELLING (ALL) P/L: -$304.98 -3.0%

9:48 AM – Shares are making a negative reversal this morning on above-average volume. The stock appears to be struggling with resistance at its 10 DMA and is beginning to form a downtrend. I’m out.

ULTRA Trader’s Tip: Negative Reversals

  • A negative reversal occurs when a stock trades higher early but closes lower on heavy volume.

  • It often signals distribution, with institutions selling into strength.

  • When this develops near a key moving average like the 10 DMA, it can mark the start of a short-term downtrend.

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.

WED 9/24: MPAA – BUYING (1/3) @ $16.81

9:54 AM – Bought this morning as shares were advancing from the 10 DMA with an increase in volume. That is always my BUY SIGNAL.

ULTRA Trader’s Tip: Buying From the 10 DMA

  • The 10-day moving average is the heartbeat of our ULTRA system.

  • When a stock advances from this line with conviction on strong volume, it always signals a BUY.

  • Buying near the 10 DMA keeps risk tight and rewards disciplined entries.

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.