FRI 5/15: POR – CALLING A 3RD SELL SIGNAL @ $47.37 -13.1%

1:06 PM – Calling a 3RD and FINAL SELL SIGNAL here this afternoon as shares have lost stacked support at the 200 DMA and the $48.00 level. Those combined violations confirm continued technical deterioration and increasing downside risk.

ULTRA Trader’s Tip: Stacked Support Failures Are Serious

  • Multiple support breaks at once often lead to accelerated downside.

  • The 200 DMA is a major long-term institutional support level.

  • When key moving averages and price levels fail together, protecting capital becomes the priority.

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

MON 4/20: POR – CALLING A 2ND SELL SIGNAL @ $51.13 -6.2%

3:46 PM – Quickly calling a 2ND SELL SIGNAL here as shares are being turned back from the 50 DMA, which is now acting as resistance. That shift confirms weakening momentum and a developing downtrend.

ULTRA Trader’s Tip: When Support Turns to Resistance

  • The 50 DMA shifting from support to resistance is a key warning sign.

  • Failed rallies into that level confirm sellers are in control.

  • Scaling out helps protect capital as the trend deteriorates.

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FRI 4/17: POR – CALLING A 1ST SELL SIGNAL @ $52.10 -4.4%

2:01 PM – Shares have clearly lost the 50 DMA after struggling with that level all week. That repeated inability to hold support followed by a breakdown signals increasing technical weakness. Calling a 1ST SELL SIGNAL here.

ULTRA Trader’s Tip: Failed Support Leads to Breakdowns

  • When a stock repeatedly tests a level like the 50 DMA, it weakens that support.

  • A break after multiple tests often leads to accelerated downside.

  • Acting on the first clear violation helps control risk early.

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TUE 3/10: POR – CALLING A 3RD SELL SIGNAL @ $52.13 -0.3%

10:15 AM – Calling a FINAL SELL SIGNAL this morning as the stock continues to lag even with the recent bump in the market.

We don’t call SELL SIGNALS arbitrarily. POR has exhibited several distinctive signs of technical weakness which are right out of our playbook.

Starting with:

  1. a drop below the 10 DMA,

  2. a turnback from the 10 DMA,

  3. lower highs forming,

  4. the 10 DMA the started rolling over,

  5. declines on above-average volume,

  6. and now a start of a break below an upward trendline.

That sequence confirms a developing downtrend and justifies the FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Weakness Leaves Clues

  • Technical deterioration usually appears as a sequence, not a single event.

  • Breaks of the 10 DMA, lower highs, and turn-backs from the 10 DMA are some of our bearish signals.

  • When multiple violations appear together, the prudent move is to exit.

EDITOR’S NOTE: Chart has been updated after the close.

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MON 3/9: POR – CALLING A 2ND SELL SIGNAL @ $52.41 +0.2%

10:05 AM – Shares continue to trade below the 10 DMA, and that line is now starting to roll over. When a stock cannot reclaim short-term momentum and the 10 DMA begins sloping downward, it often signals developing technical weakness. Calling a 2ND SELL SIGNAL here.

ULTRA Trader’s Tip: When the 10 DMA Rolls Over

  • A stock trading below the 10 DMA is losing short-term leadership.

  • When that line begins to slope downward, momentum is shifting from buyers to sellers.

  • Scaling out as momentum weakens helps preserve gains while the trend deteriorates.

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FRI 3/6: POR – CALLING A 1ST SELL SIGNAL @ $52.60 +0.6%

11:13 AM – Shares are clearly breaking below their 10 DMA with an increase in volume. That violation signals weakening short-term momentum and triggers a 1st SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Volume Confirms the Violation

  • Breaks of the 10 DMA carry more weight when volume expands.

  • Increased volume signals institutional selling, not random price movement.

  • Acting early on rule violations prevents small problems from becoming larger ones.

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FRI 2/20: POR – CALLING A BUY SIGNAL (1/3) @ $52.30

3:35 PM – Shares are advancing from the 10 DMA this afternoon and are tracking toward a close near session highs. The chart shows a steady uptrend developing from the lows reached late last year. The company announced earnings earlier this week, and while volatility followed — as expected — price recovered quickly. That type of recovery is constructive and often signals underlying demand. Today’s action reflects continued bullish sentiment, and the advance from near the 10 DMA provides a proper entry point.

BUY SIGNALS:
2/20 (1/3) @ $52.30

ULTRA Trader’s Tip: Watch How Stocks Recover from Volatility

• Post-earnings volatility is normal — quick recoveries are bullish.

• Advances from the 10 DMA offer defined risk levels.

• Closing near session highs signals buyer control.

• Proper entries come from structure, not emotion.

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