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.