THU 1/15: PGNY – SELLING (ALL) P/L: -$376.27 -3.8%

10:08 AM – Selling out of PGNY this morning as shares are being turned back from the 10 DMA, signaling renewed short-term weakness. This action provides a clear reason to exit with a modest loss and to free up capital. The focus now is redeploying into stocks with cleaner technical setups and less overhead supply to work through, like KN which I am staring a position in here.

SELL SIGNALS:
1/15 (ALL) –3.8%

James’ Trader’s Tip: Small Losses Are Strategic

  • Being turned back at the 10 DMA is a sell signal.

  • Accepting small losses preserves capital and mental clarity.

  • Capital performs best when it’s allocated to stocks that can move higher without fighting resistance.

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