THU 12/4: AEP – SELLING (ALL) P/L: -$433.20 -4.3%

3:45 PM – Stock is struggling near its important 50 DMA support. It’s not bouncing — it could someday — but right now the technical action does not justify holding. Freeing up capital for stronger-looking opportunities.

SELL SIGNALS:
12/4 ALL @ $117.93 –4.4%

ULTRA Trader’s Tip: Don’t Let Weak Stocks Tie Up Capital

  • When a stock can’t bounce from major support, momentum is not in your favor.

  • Weak action near the 50 DMA often signals deeper deterioration ahead.

  • Rotating out early keeps your capital available for higher-probability setups.


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.