MON 3/9: POR – CALLING A 2ND SELL SIGNAL @ $52.41 +0.2%

10:05 AM – Shares continue to trade below the 10 DMA, and that line is now starting to roll over. When a stock cannot reclaim short-term momentum and the 10 DMA begins sloping downward, it often signals developing technical weakness. Calling a 2ND SELL SIGNAL here.

ULTRA Trader’s Tip: When the 10 DMA Rolls Over

  • A stock trading below the 10 DMA is losing short-term leadership.

  • When that line begins to slope downward, momentum is shifting from buyers to sellers.

  • Scaling out as momentum weakens helps preserve gains while the trend deteriorates.

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