FRI 3/6: RBC – SELLING 1/3 @ $547.82 -3.4%

9:56 AM – Selling a 1/3 position today as the stock has clearly lost support at the 10 DMA. When a stock breaks this key short-term momentum line, it signals weakening technical character and warrants a SELL SIGNAL.

James’ Trader’s Tip: Respect the 10 DMA

  • The 10 DMA is the heartbeat of short-term momentum.

  • When price breaks below this level, leadership is often fading.

  • Acting quickly on this rule helps protect gains and limit downside risk.

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