THU 2/26: AZN – CALLING A 2ND SELL SIGNAL @ $203.24 +7.6%

10:44 AM – Shares are breaking below the 10 DMA with a sharp increase in volume. That is a default SELL SIGNAL under our rules. Momentum is shifting, and volume confirms it. Next clear support sits near the round $200 level. A decisive break below that area would trigger the FINAL SELL SIGNAL — and still lock in a solid winner.

BUY SIGNALS:
1/13 (1/3) @ $188.94

SELL SIGNALS:
2/11 (1/3) @ $204.19 +8.1%
2/26 (1/3) @ $203.24 +7.6%

OVERALL P/L: +7.9%

ULTRA Trader’s Tip: The 10 DMA Rules

  • A break below the 10 DMA is a SELL SIGNAL — especially when volume expands.

  • Increased volume signals institutional distribution, not random movement.

  • Following this rule violation preserves gains and prevents a winner from turning into a problem.

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