THU 2/5: TECK – CALLING A FINAL SELL SIGNAL @ $53.50 +19.0%

3:58 PM – Shares are flashing multiple bearish technical signals today, warranting a FINAL SELL SIGNAL call for a swing trade.

Bearish signals observed:

  1. Sold off –4.3% on the session

  2. Dropped below the 10 DMA

  3. Closed at the session low

  4. Volume up +33%, confirming distribution

SELL SIGNALS:
12/16 (1/3) @ $43.30 –3.7%
1/7 (1/3) @ $49.01 +9.0%
2/5 (1/3) @ $53.50 +19.0%

OVERALL P/L: +8.1%

ULTRA Trader’s Tip: When Signals Stack, Act Decisively

  • One warning can be noise — multiple confirmations are not.

  • Breaks of the 10 DMA, weak closes, and rising volume signal distribution.

  • When technical evidence aligns, exit without hesitation and redeploy capital.

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