FRI 12/19: SELLING: FER (ALL) P/L: -$1,023.54 -3.4%

9:41 AM – Shares are gapping down below the 10 DMA this morning after showing concerning action on Wednesday and Thursday. That prior weakness removes patience here. I’m choosing to act quickly and exit the position.

Also worth noting: today is triple-witching options expiration, so volume readings will be inflated and less reliable as a standalone signal.

SELL SIGNALS:
12/19 (ALL) –3.4%

ULTRA Trader’s Tip: Don’t Ignore Pre-Weakness

  • When a stock shows deterioration before a gap down, the risk profile changes fast.

  • Gaps below the 10 DMA following weak prior sessions often signal a break in character.

  • On abnormal volume days (like triple-witching), price action matters more than volume — respect the rule breaks and move on.

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