POR

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

James F. Taulman BB - SIDEBAR, PERFORMANCE, POR, ST PERFORMANCE

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

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

James F. Taulman BB - SIDEBAR, PERFORMANCE, POR, ST PERFORMANCE

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%

James F. Taulman BB - SIDEBAR, PERFORMANCE, POR, ST PERFORMANCE

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

James F. Taulman BB - SIDEBAR, POR, ST - CHART UPDATES

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.