FRI 10/10: J – CALLING A 1st SELL SIGNAL @ $152.01 -0.3%

3:50 PM – Sharp selloff along with the broader market. Closing well below the definitive 10 DMA at $153.37. This break of support signals a shift in short-term momentum and triggers a 1st SELL SIGNAL to protect capital.

SELL SIGNAL:
10/10 @ $152.01 –0.3%

ULTRA Trader’s Tip: The 10 DMA rules

  • The 10 DMA is the heartbeat of our trading system.

  • A clear break below it is an default SELL SIGNAL.

  • Discipline beats prediction — always follow your line.

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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.