MON 10/6: MPAA – CALLING A 2ND SELL SIGNAL @ $15.88 -5.5%

3:45 PM – Further declines today are undercutting recent lows, prompting a 2nd SELL SIGNAL to reduce exposure. Next support is at the ROUND-$15, followed by the 50 DMA currently at $14.43.

ULTRA Trader’s Tip: Don’t Ignore Lower Lows

  • When a stock starts printing lower lows, momentum has shifted.

  • Respect the pattern — it’s often the market’s early warning before deeper weakness.

  • Selling partials here can protect gains and free up cash for stronger setups.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.