FRI 3/13: MRCY – CALLING A 3RD SELL SIGNAL @ $79.01 -19.9%

11:14 AM – Calling a 3RD and FINAL SELL SIGNAL here as shares break below our support at ROUND-$80 with an increase in volume. That violation confirms continued technical deterioration and signals sellers remain in control.

ULTRA Trader’s Tip: Cut Losses Decisively

  • Breaks of major round-number support often accelerate selling pressure.

  • Expanding volume during a decline confirms institutional distribution.

  • Cutting losses quickly preserves capital and keeps you ready for stronger opportunities.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.