TUE 10/28: NEM – CALLING A FINAL SELL SIGNAL @ $79.55 -7.7%

3:51 PM – Posts two days of sharp declines on heavy volume followed by lighter volume gains today. Remains below the 50 DMA. Calling a FINAL SELL SIGNAL to fully exit the position.

SELL SIGNALS:
10/9 @ $85.16 -1.2%
10/28 @ $79.55 -7.7%

ULTRA Trader’s Tip: Respect the 50 DMA

  • When a stock breaks and fails to reclaim its 50-day line, it’s flashing a clear warning.

  • This level often separates leadership from laggards.

  • Selling into weakness protects both capital and confidence.

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.