FRI 12/26: KNSA – SELLING (1/3) P/L: -$295.28 -4.4%

10:16 AM – Shares are trading just below the 10 DMA this morning. While holiday trading conditions can mute signals, I’m choosing to lighten exposure by 1/3 of the total position here. With this account sitting near all-time highs, the priority is protecting gains and keeping risk contained into year-end.

SELL SIGNALS:
12/26 (1/3) @ $41.92 –4.6%

ULTRA Trader’s Tip: Protect Gains Near Year-End

  • When a stock fails to reclaim the 10 DMA, momentum is no longer working in your favor.

  • Trimming during uncertain, low-liquidity sessions reduces downside without abandoning the trade entirely.

  • Strong years are preserved by defense, not by forcing marginal setups late in the calendar.

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