9:43 AM – Shares have dropped below the 50 DMA, and that is a SELL SIGNAL under our rules. Losing this key intermediate support level confirms the developing downtrend. Calling a FINAL and 3RD SELL SIGNAL here.

ULTRA Trader’s Tip: The 50 DMA Is the Line of Defense

  • The 50 DMA often acts as a major institutional support level.

  • When price breaks below this line, downside risk increases quickly.

  • Exiting the remaining position helps prevent further losses as the trend weakens.

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