TECK

THU 2/5: TECK – CALLING A FINAL SELL SIGNAL @ $53.50 +19.0%

James F. Taulman BB - SIDEBAR, PERFORMANCE, ST - CHART UPDATES, ST PERFORMANCE, TECK

3:58 PM – Shares are flashing multiple bearish technical signals today, warranting a FINAL SELL SIGNAL call for a swing trade.

Bearish signals observed:

  1. Sold off –4.3% on the session

  2. Dropped below the 10 DMA

  3. Closed at the session low

  4. Volume up +33%, confirming distribution

SELL SIGNALS:
12/16 (1/3) @ $43.30 –3.7%
1/7 (1/3) @ $49.01 +9.0%
2/5 (1/3) @ $53.50 +19.0%

OVERALL P/L: +8.1%

ULTRA Trader’s Tip: When Signals Stack, Act Decisively

  • One warning can be noise — multiple confirmations are not.

  • Breaks of the 10 DMA, weak closes, and rising volume signal distribution.

  • When technical evidence aligns, exit without hesitation and redeploy capital.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 1/7: TECK – CALLING A 2ND SELL SIGNAL @ $49.01 +9.0%

James F. Taulman BB - SIDEBAR, PERFORMANCE, ST - CHART UPDATES, ST PERFORMANCE, TECK

9:42 AM – Shares are gapping down this morning, signaling near-term weakness. While the stock remains above its 10 DMA and within its broader uptrend, the opening gap justifies additional profit-taking. Calling a 2ND SELL SIGNAL here to offset the loss on the 1st SELL SIGANL.

SELL SIGNALS:
12/16 (1/3) @ $43.30 –3.7%
1/7 (1/3) @ $49.01 +9.0%

OVERALL P/L: +2.7%

ULTRA Trader’s Tip: Gaps Change the Risk Profile

  • Gap-down opens often shift short-term risk, even when trends remain intact.

  • Taking profits into strength after a gap helps avoid giving back gains.

  • Scaling out while momentum is still positive keeps you in control, not reactive.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

TUE 12/16: TECK – SELLING (ALL) P/L: -$362.97 -3.6%

James F. Taulman BB - SIDEBAR, JTPP, JTPP PERFORMANCE, PERFORMANCE, TECK

3:48 PM – Stock remains below its 10 DMA and is now developing a downtrend. Freeing up capital for other stocks showing stronger technical positions.

SELL SIGNALS:
12/16 (ALL) @ $43.30 –3.7%

ULTRA Trader’s Tip: Opportunity Cost Matters

    • Capital tied up in weak stocks cannot be deployed into stronger opportunities.

    • When momentum fades, patience often turns into opportunity cost.

    • Staying flexible allows you to quickly reallocate into leadership when conditions improve.


CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 12/12: TECK – A Break of the 50 DMA Would be a SELL SIGNAL

James F. Taulman BB - SIDEBAR, TDBO, TECK

12:17 PM – Posted a sharp sell-off on Thursday along with the broader market. Did hold the 50 DMA yet as of this afternoon remains under the 10 DMA ($600.10) and is possibly developing a downtrend. A break of the 50 DMA, currently at $554.78 would be an overdue 1st SELL SIGNAL.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

THU 12/11: TECK – BUYING (1/3) @ $44.97

James F. Taulman BB - SIDEBAR, JTPP, TECK

3:48 PM – Shares are trading higher from the 10 DMA with an increase in volume. That’s always my BUY SIGNAL.

BUY SIGNALS:
12/11 (1/3) @ $44.97

ULTRA Trader’s Tip: Buying From the 10 DMA

    • A strong advance from the 10 DMA often signals renewed institutional demand.

    • Volume confirmation increases conviction and reduces the chance of a false start.

    • Buying near the 10 DMA keeps risk tighter and entries more efficient.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.