3:46 PM – Calling a 2nd SELL SIGNAL this afternoon as shares are breaking below the 10 DMA and also violating an upward trendline. This confirms short-term weakness and signals it’s time to reduce exposure.

SELL SIGNALS:
8/21 @ $11.34 –1.8%
10/7 @ $12.71 +3.8%

ULTRA Trader’s Tip: Trendlines Don’t Lie

• When a stock breaks below a well-defined upward trendline, it’s signaling a change in character.

• Institutions defend trendlines — once they stop, momentum fades fast.

• Respect every technical break; it’s often the market’s quiet warning before a sharper move down.

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

 

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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.