MON 3/9: SMTC – CALLING A 3RD SELL SIGNAL @ $78.84 -3.3%

10:09 AM – The stock is breaking below its 50 DMA this morning after already triggering several noted SELL SIGNALS. Losing this key support level confirms continued technical deterioration. Calling a FINAL and 3RD SELL SIGNAL here.

ULTRA Trader’s Tip: When the 50 DMA Breaks

  • The 50 DMA often acts as the final line of intermediate-term support.

  • When that level fails after earlier warnings, the trend has clearly weakened.

  • Exiting the remaining position preserves capital and prevents deeper losses.

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