FRI 1/23: TPR – CALLING A FINAL SELL SIGNAL @ $130.15 +9.7%

3:48 PM – Shares continue to be capped by the 10 DMA, which is now rolling over and acting as resistance. That loss of short-term momentum confirms a FINAL SELL SIGNAL. Closing out the position and locking in gains.

SELL SIGNALS:
1/16 (1/3) @ $131.15 +10.5%
1/20 (1/3) @ $129.25 +8.9%
1/23 (1/3) @ $130.15 +9.7% FINAL

OVERALL P/L: +9.7%

ULTRA Trader’s Tip: Resistance Ends Trades

  • When the 10 DMA flips from support to resistance, momentum has shifted.

  • A rolling short-term average often precedes deeper consolidation or pullbacks.

  • Exiting on rule-based resistance keeps profits realized, not exposed.

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

TUE 1/20: TPR – CALLING A 2ND PROFIT TAKING SELL SIGNAL @ $129.25 +8.9%

3:47 PM – After closing below the 10 DMA on Friday, shares rallied back to that level this morning but were quickly turned back. Turnbacks from the 10 DMA are SELL SIGNALS, confirming continued short-term weakness and justifying further profit-taking.

SELL SIGNALS:
1/16 (1/3) @ $131.15 +10.5%
1/20 (1/3) @ $129.25 +8.9%

OVERALL P/L: +9.7%

James’ Trader’s Tip: The 10 DMA Is the Decision Line

  • A rally into the 10 DMA that fails is not strength — it’s resistance.

  • Repeated turnbacks confirm momentum has shifted.

  • Scaling out as rules fail protects gains and keeps capital positioned for the next opportunity.

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

FRI 1/16: TPR – CALLING A PROFIT TAKING 1ST SELL SIGNAL @ $131.15 +10.5%

3:55 PM – Shares are clearly closing below the 10 DMA, and that is always a SELL SIGNAL by default.

SELL SIGNALS:
1/16 (1/3) @ $131.15  +10.5%

ULTRA Trader’s Tip: The Close Matters

  • Intraday noise is irrelevant if the stock closes below the 10 DMA.

  • The close confirms whether momentum held or failed.

  • Acting on confirmed closes keeps decisions rule-based, not emotional.

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