THU 11/20: MDB – CALLING A 2ND SELL SIGNAL @ $327.50 -1.5%

3:51 PM – MDB was turned back from its 10 DMA today and went on to close below its 50 DMA, signaling clear technical deterioration. Under ULTRA rules, that combination triggers a 2nd SELL SIGNAL here as momentum continues to weaken.

SELL SIGNALS:
10/13 @ $317.95 -4.4%
11/20 @ $327.50 -1.5%

ULTRA Trader’s Tip: Respect the 10 DMA

  • When a stock gets rejected at its 10 DMA, it’s often a sign buyers are losing control.

  • Combine that with a close below the 50 DMA, and you have a meaningful break in character.

  • Selling into weakness protects capital and avoids deeper drawdowns.

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.