THU 3/5: NVT – CALLING A 2ND SELL SIGNAL @ $109.44 -4.7%

2:24 PM – Shares are breaking below the 50 DMA, and that is a SELL SIGNAL under our rules. In a stronger market you might give the stock the benefit of the doubt, especially with support near today’s lows around $108. However, given the current market environment, it is more prudent to scale back exposure here and manage risk.

BUY SIGNALS:
1/22 (1/3) @ $114.83

SELL SIGNALS:
2/10 (1/3) @ $112.59 -2.0%
3/5 (1/3) @ $109.44 -4.7%

OVERALL P/L: -3.4%

ULTRA Trader’s Tip: Market Conditions Matter

  • A break below the 50 DMA signals increasing technical risk.

  • In weak markets, technical violations deserve faster action.

  • Scaling back exposure early protects capital when conditions deteriorate.

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