THU 8/21: ULS – CALLING 3RD FINAL SELL SIGNAL @ $65.51 -7.4%

11:30 AM – Shares are once again getting turned back from their 10 DMA. That repeated rejection marks a FINAL SELL SIGNAL, and I’m closing the remaining position here at $65.51 for a -7.4% loss.

This trade is now fully exited. Preserving capital and cutting laggards remains key as I continue to reduce margin and overall market exposure.


TRADE DETAILS

  • BUY DATE 1: 7/30 @ $72.68 (1/3)

  • BUY DATE 2: 8/04 @ $72.89 (1/3)

  • BUY DATE 3: 8/08 @ $66.95 (1/3)

  • SELL DATE 1: 8/12 @ $66.40 -6.1%

  • SELL DATE 2: 8/15 @ $66.91 -5.4%

  • SELL DATE 3 (FINAL): 8/21 @ $65.51 -7.4%


NET TRADE RESULT
Total P/L: – $2,172.09
Total % G/L: -7.2%

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.