TUE 10/28: ALLE – CALLING A FINAL SELL SIGNAL @ $169.74 -3.5%

3:51 PM – Remains below its 50 DMA line after dropping below there on earnings — just not recovering. Calling a FINAL SELL SIGNAL to fully exit the position.

SELL SIGNALS:
9/25 @ $173.91 -1.1%
10/24 @ $167.15 -5.0%
10/28 @ $169.74 -3.5%

ULTRA Trader’s Tip: Weak Recoveries Reveal True Momentum

  • Strong stocks reclaim their moving averages quickly — weak ones can’t.

  • Failing to recover after an earnings dip is a clear red flag.

  • When momentum stalls below the 50 DMA, capital is better redeployed elsewhere.

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.