MON 6/29: MYE – CALLING A 1ST SELL SIGNAL @ $31.59 +32.3%

10:05 AM – Calling a 1ST SELL SIGNAL here to lock in some solid profits as shares begin to get extended from the 10 DMA. Taking partial profits after a strong advance is consistent with our disciplined trading approach.

ULTRA Trader’s Tip: Selling Into Strength Is a Strategy

  • Taking partial profits after a strong run helps reduce risk without abandoning the trade.

  • Stocks that become extended from the 10 DMA often pull back to reset.

  • Scaling out allows you to protect gains while still participating if the uptrend continues.

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