MON 3/9: KGC – SELLING (ALL) @ $31.29 -11.2%

10:02 AM – Dumping the remainder of my KGC position here this morning. The gap down below the 10 DMA on 3/3 was the first technical violation, followed a few days later by the loss of the 50 DMA. Now with shares making new lows this morning, it’s clear the stock is in a deteriorating trend. Reducing exposure further by exiting the position entirely.

James’ Trader’s Tip: When Violations Stack Up

  • A break below the 10 DMA is often the first sign that momentum is fading.

  • Losing the 50 DMA soon after confirms deeper technical deterioration.

  • When violations stack up, exiting the position preserves capital and keeps the portfolio focused on stronger leaders.

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