FRI 10/3: TASK – CALLING A FINAL SELL SIGNAL @ $17.24 -4.0%

3:39 PM – Stock is clearly breaking its 50 DMA. This marks a FINAL SELL SIGNAL and a full exit of the remaining position.

ULTRA Trader’s Tip: Respect the 50 DMA

  • The 50-day moving average often defines a stock’s medium-term trend.

  • Once it’s broken with conviction, momentum typically shifts to the downside.

  • Protect capital early; don’t wait for deeper losses.

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.