MON 5/11: REZI – CALLING A 2ND SELL SIGNAL @ $38.75 -4.7%

10:12 AM – Calling a 2ND SELL SIGNAL here as shares are breaking below recent lows just under $40 while trading on above-average volume. That combination signals increasing downside pressure and continued technical weakness.

ULTRA Trader’s Tip: New Lows on Volume Matter

  • Breaks below recent lows confirm sellers are gaining control.

  • Above-average volume adds conviction to the downside move.

  • Scaling out early helps protect capital in weakening trends.

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