FRI 1/23: SHC – CALLING A FINAL SELL SIGNAL @ $18.55 +10.5%

3:48 PM – Shares are clearly running into resistance at the 10 DMA and are being turned back today. A turnback from the 10 DMA is a technical SELL SIGNAL, and that rule is applied here. Calling a FINAL SELL SIGNAL and closing out the trade.

SELL SIGNALS:
10/30 (1/3) @ $16.34 –2.6%
12/1 (1/3) @ $17.35 +3.4%
1/23 (1/3) @ $18.55 +10.5%

OVERALL P/L: +3.8%

ULTRA Trader’s Tip: Respect the Turnback

  • The 10 DMA defines short-term control.

  • Rallies that fail at that line signal momentum exhaustion.

  • Finishing the trade on a clear rule keeps gains realized, not theoretical.

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

MON 12/1: SHC – CALLING A 2ND SELL SIGNAL @ $17.35 +3.4%

3:58 PM – Calling a 2nd SELL SIGNAL here as shares begin to get extended from their 10 DMA, currently at $16.48.

SELL SIGNALS:
10/30 @ $16.34 –2.6%
12/1 @ $17.35 +3.4%

ULTRA Trader’s Tip: Don’t Chase Extensions

  • When a stock pulls too far above its 10 DMA, momentum becomes fragile.

  • Extensions often precede sharp pullbacks as buyers step away.

  • Locking in partial gains on strength protects profits and reduces risk.

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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.

THU 10/30: SHC – CALLING A SELL SIGNAL @ $16.34 -2.6%

3:45 PM – Shares are clearly closing below the 10 DMA. That’s a default SELL SIGNAL under the ULTRA system.

SELL SIGNAL:
10/30 @ $16.34 -2.6%

ULTRA Trader’s Tip: Follow the System, Not Feelings

  • The 10 DMA defines short-term trend — once broken, risk rises fast.

  • Selling when rules trigger keeps you consistent, not reactive.

  • Discipline beats prediction every single time.

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.