FRI 2/6: ISSC – CALLING A FINAL SELL SIGNAL @ $19.54 -5.6%

3:36 PM – Shares posted light volume gains into the 10 DMA, where they’ve been rejected repeatedly over the past two weeks. That line continues to act as firm resistance, and stock has not repaired technically. Calling a FINAL SELL SIGNAL.

SELL SIGNALS:
1/28 (1/3) @ $19.75 -4.6%
2/3 (1/3) @ $20.18 -2.5%
2/6 (1/3) @ $19.54 -5.6%

OVERALL P/L: –4.2%

ULTRA Trader’s Tip: Repeated Rejections Are a Message

  • Light-volume rallies into resistance are not accumulation.

  • When a stock fails at the same level multiple times, odds favor lower prices.

  • Exiting removes capital from weak situations and keeps focus on better-behaved names.

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