TUE 10/14: ULTA – CALLING A 2ND SELL SIGNAL @ $544.26 -3.5%

3:43 PM – Basically turned back from the ROUND-$500 and today’s highs near resistance of the 10 DMA at $555.42. Calling a 2nd SELL SIGNAL here as another test of the 50 DMA at $529.74 looks possible.

SELL SIGNALS:
10/10 @ $540.08 –4.2%
10/14 @ $544.26 –3.5%

ULTRA Trader’s Tip: Respect Every Technical Break

  • When a stock can’t reclaim its 10 DMA, short-term strength is fading.

  • The 50 DMA often becomes the next battleground — watch for support or failure there.

  • Staying rule-based keeps emotions out and results consistent.

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.