MON 12/1: SHC – CALLING A 2ND SELL SIGNAL @ $17.35 +3.4%

3:58 PM – Calling a 2nd SELL SIGNAL here as shares begin to get extended from their 10 DMA, currently at $16.48.

SELL SIGNALS:
10/30 @ $16.34 –2.6%
12/1 @ $17.35 +3.4%

ULTRA Trader’s Tip: Don’t Chase Extensions

  • When a stock pulls too far above its 10 DMA, momentum becomes fragile.

  • Extensions often precede sharp pullbacks as buyers step away.

  • Locking in partial gains on strength protects profits and reduces risk.

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.