FRI 11/21: ECO – CALLING A 1ST SELL SIGNAL @ $36.34 -3.1%

10:07 AM – Shares are breaking below the 10 DMA this morning with an increase in volume. That combination signals weakening short-term momentum, so I’m calling a 1st (1/3) SELL SIGNAL here.

SELL SIGNAL:
11/21 @ $36.34 –3.1%

ULTRA Trader’s Tip: The First Break Matters

  • The first break below the 10 DMA often marks a shift in short-term control.

  • When the break comes with rising volume, it signals institutional selling rather than noise.

  • Taking the initial 1/3 off reduces risk while keeping you in the trade if the stock stabilizes.

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.