MON 2/2: MRCY – CALLING A 2ND SELL SIGNAL @ $93.42 -5.3%

3:55 PM – Calling a 2ND SELL SIGNAL as the company heads into earnings scheduled for Tuesday after the market close. With the stock already under pressure, I’m reducing exposure and avoiding unnecessary event risk.

SELL SIGNALS:
1/30 (1/3) @ $95.05 –3.6%
2/2 (1/3) @ $93.42 –5.3%

OVERALL P/L (ON SOLD SHARES):–4.5%

ULTRA Trader’s Tip: Earnings Change the Equation

  • Earnings introduce binary risk that charts can’t manage.

  • Carrying weakened positions into reports skews risk/reward the wrong way.

  • Trimming ahead of events keeps losses controlled and intentional.

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