3:31 PM – Selling 1/3 of my FCFS position this afternoon as the stock has clearly lost its 10 DMA, and that line is starting to roll over. That shift signals weakening short-term momentum and warrants scaling back exposure.

James’ Trader’s Tip: Trim When Momentum Fades

  • A break below the 10 DMA is an early sign of technical deterioration.

  • When that line begins to roll over, momentum is no longer in your favor.

  • Scaling out early helps control risk and preserves capital for stronger setups.

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