TUE 2/10: NU – CALLING A 3RD (FINAL) SELL SIGNAL @ $17.51 +0.9%

12:12 PM – Shares continue to be pinned below the 10 DMA at $17.78, while forming lower highs and a developing downtrend. This trade is no longer behaving like a swing trade. Calling a 3RD and FINAL SELL SIGNAL and closing out the position at even.

BUY SIGNALS:
1/21 (1/3) @ $17.36

SELL SIGNALS:
2/4 (1/3) @ $17.60 +1.4%
2/6 (1/3) @ $16.80 –3.2%
2/10 (1/3) @ $17.51 +0.9%

OVERALL P/L: (ON SOLD SHARES): –0.3%

ULTRA Trader’s Tip: Exit Trades That Lose Their Character

• Swing trades must act like swing trades — higher highs, momentum, and support.

• Persistent failure at the 10 DMA signals a loss of momentum.

• Multiple sell signals confirm trend deterioration, not noise.

• Discipline means exiting when the trade no longer matches the setup — even near breakeven.

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

FRI 2/6: NU – CALLING A 2ND SELL SIGNAL @ $16.80 -3.2%

10:03 AM – Shares are being turned back from their 50 DMA, which is acting as firm resistance this morning. The failure to reclaim that level confirms continued technical pressure, warranting a 2ND SELL SIGNAL.

BUY SIGNALS:
1/21 (1/3) @ $17.36

SELL SIGNALS:
2/4 (1/3) @ $17.60 +1.4%
2/6 (1/3) @ $16.80 −3.2%

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

WED 2/4: NU – CALLING A 1ST SELL SIGNAL @ $17.60 +1.4%

WED 2/4: NU – CALLING A 1ST SELL SIGNAL @ $17.60 +1.4%

9:40 AM – Shares are clearly losing support at the 10 DMA and are trading at new short-term lows near $17.60 this morning. Volume is well above the normal rate, confirming increased selling pressure. Calling a 1ST SELL SIGNAL here.

BUY SIGNALS:
1/21 (1/3) @ $17.36

SELL SIGNALS:
2/4 (1/3) @ $17.60 +1.4%

ULTRA Trader’s Tip: Volume Confirms the Breakdown

  • Breaks of key averages matter most when volume expands.

  • Increased volume signals urgency from sellers, not noise.

  • Acting on early sell signals keeps gains intact and risk contained.

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

WED 1/21: NU – CALLING A BUY SIGNAL (1/3) @ $17.36

10:34 AM – After posting a solid up day yesterday while the broader market sold off, shares are showing follow-through today, advancing from the 10 DMA with increased volume. That relative strength and confirmation trigger a BUY SIGNAL.

BUY SIGNALS:
1/21 (1/3) @ $17.36

ULTRA Trader’s Tip: Relative Strength Leads

  • Stocks that rise when the market is weak often lead on the next advance.

  • Follow-through from the 10 DMA confirms momentum, not just a one-day move.

  • Volume-backed gains from support are where high-probability entries live.

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