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.

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