FRI 5/1: CBL – CALLING A 2ND SELL SIGNAL @ $43.85 +13.1%

1:35 PM – The stock is breaking below its 10 DMA, a level that has provided consistent support since the breakout. Today’s violation is significant and is accompanied by a +44% increase in volume, signaling institutional selling. Calling a 2ND SELL SIGNAL this afternoon.

ULTRA Trader’s Tip: When Key Support Fails on Volume

  • The 10 DMA holding support is a sign of strength — losing it is a warning.

  • Volume expansion confirms the move is driven by real selling pressure.

  • Scaling out helps protect gains when leadership begins to fade.

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