FRI 5/15: REZI – CALLING A 3RD SELL SIGNAL @ $28.99 -28.7%

1:03 PM – Showing continued bearish action this afternoon following the earnings sell-off earlier in the week. The stock is now breaking below ROUND-$30 support on above-average volume. That combination confirms continued technical deterioration and triggers a 3RD and FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Earnings Damage Must Repair Quickly

  • After an earnings sell-off, strong stocks should recover quickly.

  • Continued weakness following earnings signals institutions are still selling.

  • Breaks of key support on volume confirm it’s time to exit and protect capital.

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