THU 5/21: MDU – CALLING A 2ND SELL SIGNAL @ $21.98 -3.6%

9:51 AM – Calling a 2ND SELL SIGNAL here as the stock is selling off and breaking below ROUND-$22 support with a sharp increase in volume. That combination signals increasing technical weakness and institutional selling pressure.

ULTRA Trader’s Tip: Volume Accelerates the Message

  • Breaks of key support levels become more significant on heavy volume.

  • Sharp sell-offs often signal institutions are exiting positions.

  • Scaling out early helps preserve capital when downside momentum builds.

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