THU 2/12: NPO – CALLING A 2ND SELL SIGNAL @ $282.00 +19.0%

10:21 AM – Shares continue to advance this morning; however, volume is running well below average as price becomes increasingly extended from the 10 DMA. Light-volume gains combined with extension from support warrant prudent profit-taking. Calling a 2ND SELL SIGNAL here.

SELL SIGNALS:
1/28 (1/3) @ $235.50 –0.6%
2/12 (1/3) @ $282.00 +19.0%

OVERALL P/L (ON SOLD SHARES): +9.2%

ULTRA Trader’s Tip: Beware of Extended Moves on Light Volume

• Gains without strong volume lack institutional conviction.

• The farther price stretches from the 10 DMA, the greater the pullback risk.

• Scaling out into strength protects gains while momentum is still favorable.

• Strong trades are managed proactively — not reactively.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.