THU 11/20: ETR – CALLING A FINAL SELL SIGNAL @ $93.87 +6.6%

3:51 PM – ETR closed below its 50 DMA support today while continuing to develop a downtrend, with the 10 DMA acting as steady resistance. That persistent weakness triggers a FINAL SELL SIGNAL here as the stock breaks character and confirms the shift in momentum.

SELL SIGNALS:
7/30 @ $89.99 +2.2%
8/18 @ $88.92 +1.0%
11/20 @ $93.87 +6.6%

ULTRA Trader’s Tip: Respect the 50 DMA

  • The 50 DMA is a major institutional support line.

  • When a stock closes below the 50 DMA, it often signals a deeper change in trend.

  • Combine that with a declining 10 DMA acting as resistance, and the momentum picture turns decisively negative.

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.