MON 11/3: WCC – CALLING A 1ST PROFIT TAKING SELL SIGNAL @ $256.88 +12.4%

11:11 AM – Calling a 1st profit-taking SELL SIGNAL after shares have surged sharply on earnings. The stock has extended well above near-term support and is showing signs of short-term exhaustion following the post-earnings run.

SELL SIGNAL:
11/3 @ $256.88 +12.4%

ULTRA Trader’s Tip: Lock in Gains When You Have Them

  • Strength often peaks right after a catalyst like earnings.

  • Selling into strength keeps you playing offense, not defense.

  • Never let a winning trade turn into a lesson in regret.

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.