TUE 11/18: WCC – CALLING A FINAL SELL SIGNAL @ $245.82 +7.5%

3:58 PM – WCC clearly broke below the key $250 round-number level today and continued to roll over beneath its 10 DMA. That decisive break in character triggers a FINAL SELL SIGNAL here as momentum weakens and buyers fail to defend support.

SELL SIGNALS:
11/3 @ $256.88 +12.4%
11/17 @ $246.91 +8.0%
11/18 @ $245.82 +7.5% FINAL

ULTRA Trader’s Tip: Respect Round Numbers

  • Round numbers like $50, $100, $250 often act as natural support and resistance.

  • Institutions frequently place large orders around these levels, making them critical decision points.

  • When a stock loses support at a major round number, it often signals a shift in control — and a potential trend change.

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

MON 11/17: WCC – CALLING A 2ND SELL SIGNAL @ $246.91 +8.0%

3:52 PM – After struggling with its 10 DMA yesterday, the stock sold off sharply today with a +42% increase in volume, signaling clear technical deterioration.

SELL SIGNALS:
11/3 @ $256.88 +12.4%
11/17 @ $246.91 +8.0%

ULTRA Trader’s Tip: Volume Confirms the Move

  • Sharp selloffs paired with a surge in volume often confirm a real shift in character.

  • When a stock weakens on rising volume, it shows institutions are distributing shares.

  • Respect these signals — they often precede deeper pullbacks.

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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.

MON 11/3: WCC – CALLING A 1ST PROFIT TAKING SELL SIGNAL @ $256.88 +12.4%

11:11 AM – Calling a 1st profit-taking SELL SIGNAL after shares have surged sharply on earnings. The stock has extended well above near-term support and is showing signs of short-term exhaustion following the post-earnings run.

SELL SIGNAL:
11/3 @ $256.88 +12.4%

ULTRA Trader’s Tip: Lock in Gains When You Have Them

  • Strength often peaks right after a catalyst like earnings.

  • Selling into strength keeps you playing offense, not defense.

  • Never let a winning trade turn into a lesson in regret.

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.