THU 12/11: MPC – CALLING A FINAL SELL SIGNAL (1/3) @ $187.50 -7.1%

3:48 PM – This stock has not participated in any of the recent market rally. Shares remain in a downtrend and are clearly under the 50 DMA.

SELL SIGNALS:
11/20 (1/3) @ $189.13 –6.3%
12/3 (1/3) @ $189.31 –6.2%
12/11 (FINAL 1/3) @ $187.50 –7.1%

OVERALL P/L: -6.5%

ULTRA Trader’s Tip: Respect Downtrends and Weak Relative Strength

    • When a stock underperforms during market strength, it reveals a lack of institutional demand.

    • Downtrends combined with moving-average violations signal technical deterioration that should not be ignored.

    • Freeing up capital from laggards keeps your portfolio focused on stronger, higher-probability opportunities.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.