THU 12/4: MEDP – CALLING A FINAL SELL SIGNAL @ $550.48 -10.7%

9:45 AM – Stock is slicing through its 50 DMA support in a sharp selloff on a +239% volume increase. Calling a FINAL SELL SIGNAL here this morning as momentum clearly breaks down.

SELL SIGNAL:
12/4 @ $550.48 –10.7%

ULTRA Trader’s Tip: Heavy Volume Confirms the Message

  • When a stock loses major support on a volume surge, institutions are unloading.

  • Sharp breaks of the 50 DMA often signal a deeper change in character.

  • Exiting quickly keeps losses contained and capital ready for stronger opportunities.

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.