THU 7/2: AROC – CALLING A 2ND SELL SIGNAL @ $36.49 -2.4%

3:38 PM – After closing below its 10 DMA yesterday, shares now look likely to finish today’s session below the 50 DMA. That additional technical violation triggers a 2ND SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Multiple Technical Violations Increase Risk

  • A break of the 10 DMA is often the first warning sign of weakening momentum.

  • Losing the 50 DMA shortly afterward shows that sellers are gaining control.

  • When technical support levels fail in succession, reducing exposure becomes increasingly prudent.

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