MON 8/31: PH – CALLING A 2ND/FINAL SELL SIGNAL @ $985.22 -1.9%

10:11 AM – Calling a 2ND and FINAL SELL SIGNAL here this morning as shares clearly break below their 50 DMA support. As noted on Friday, a break below the 50 DMA would trigger another SELL SIGNAL. That technical violation has now occurred, closing out the selection under our rules.

ULTRA Trader’s Tip: Major Support Breaks Require Action

  • The 50 DMA is an important intermediate-term support level and a key line we monitor closely.

  • Identifying the SELL level in advance removes emotion from the decision when that level is eventually broken.

  • When the stock triggers the predetermined rule, follow the signal and move on.

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

Most traders fail because they rely on:

❌ Opinions
❌ News headlines
❌ Lagging indicators
❌ Emotion

I focus on:

✔ Price
✔ Volume
✔ Support & Resistance
✔ Proven technical rules

That’s it.

Simple.
Timely.
Actionable.

Built from 25+ years of experience, this system focuses on highly ranked, fundamentally sound stocks setting up in bullish technical bases.

No theory. Just execution.

No credit card required. No commitment.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts — his most refined and accessible trading system to date.