FRI 1/23: PGNY – CALLING A FINAL SELL SIGNAL @ $24.74 -5.8%

9:42 AM – Shares are breaking below the ROUND-$25 level this morning, removing the last meaningful layer of support. That breakdown confirms continued technical deterioration. Calling a FINAL SELL SIGNAL here and exiting the position.

SELL SIGNALS:
1/15 (1/3) @ $25.28 –3.8%
1/21 (1/3) @ $25.37 –3.4%
1/23 (1/3) @ $24.74 –5.8% FINAL

OVERALL LOSS: –4.3%

ULTRA Trader’s Tip: Round Numbers Are Decision Points

  • ROUND-$ levels often act as psychological support.

  • Breaks below them tend to accelerate downside, not stabilize it.

  • Exiting decisively on structural breaks keeps losses contained and controlled.

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