VIRT

TUE 8/12: ULS – Triggers a 1st SELL SIGNAL, Then Stages Positive Reversal

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

8:56 PM – I called a prudent SELL SIGNAL on ULS early yesterday morning after Monday’s turn-back from the 10 DMA with a negative reversal into the close — two clear technical violations. Shares opened Tuesday’s session lower on increased volume, which added a technical concern. However, the stock went on to post a positive reversal by the close, a bullish sign in the near term. That said, resistance at the 10 DMA — currently at $68.47 — still looms. A decisive close above this level would be an additional bullish signal.

SELL SIGNALS:

8/12 @ $66.40  -6.1%

An ULTRA Trader’s Tip: A Turn-Back From the 10 DMA = Sell Signal

  • Recognize a rejection at the 10 DMA as a clear technical warning.
  • Consider trimming or exiting to protect profits.
  • Reassess only if price action reclaims the 10 DMA with strong volume.

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.

TUE 8/12: VIRT – CALLING A 2ND (FINAL) SELL SIGNAL @ $41.98 -7.4%

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

3:55 PM – Falling further below the 50 DMA support at $42.96 and not participating in the current market rally. Capital can be better used in stronger setups — freeing funds for higher-probability opportunities.

SELL SIGNALS:

7/21 @ $43.91 -3.2%
8/12 @ $41.98 -7.4%

An ULTRA Trader’s Tip: When Capital Can Be Better Used

  • Close or trim underperforming positions.

  • Redirect capital into stronger setups.

  • Avoid opportunity cost — don’t let capital sit idle where it’s not working.

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.

THU 5/8: VIRT – CALLING A 1ST SELL SIGNAL @ $42.48 +2.4%

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

3:58 PM – Stocks is starting to become extended from its 10 DMA ($40.36) by +5.2% as volume is below average for today’s session. This makes a pullback more likely, so we are locking in some decent profits here and calling a first of what can become three SELL SIGNALS here before the close.

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