FRI 5/29: PLD – CALLING A 1ST SELL SIGNAL @ $142.70 -2.0%

2:45 PM – The stock is clearly breaking below its 10 DMA while volume is running well above the normal rate. That combination represents a technical violation and triggers a 1ST SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Volume Adds Conviction

  • Breaks below the 10 DMA are early warnings that momentum may be changing.

  • Heavy volume suggests institutions may be participating in the selling.

  • Acting on initial SELL SIGNALS helps control risk before larger declines develop.

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