THU 11/13: PLTR – CALLING A 2ND SELL SIGNAL @ $174.28 -8.3%

11:14 AM – PLTR continues to show technical deterioration, losing its 50 DMA support and now clearly making a series of lower highs as it develops a downtrend. Calling a 2nd SELL SIGNAL here as shares continue to break character.

SELL SIGNALS:
11/5 @ $184.72 -2.8%
11/13 @ $174.28 -8.3%

ULTRA Trader’s Tip: Respect the 50 DMA

  • When a stock loses the 50 DMA, intermediate-term momentum shifts.

  • Lower highs often confirm that sellers are gaining control.

  • Reducing exposure keeps you aligned with the real trend, not hope.

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

 


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.