TUE 11/11: FSS- CALLING A 2ND SELL SIGNAL @ $111.34 -14.6%

3:30 PM – Posts a near-negative reversal while getting turned back from its 10 DMA. The failed attempt to reclaim short-term momentum confirms continued technical weakness and triggers a 2nd SELL SIGNAL.

SELL SIGNALS:
11/4 @ $113.62 -12.9%
11/11 @ $111.34 -14.6%

An ULTRA Trader’s Tip: Respect Reversals

  • A negative reversal near the 10 DMA often signals failed support recovery.

  • When price can’t hold intraday gains, momentum has shifted decisively.

  • Always heed reversals — they’re one of the market’s clearest warning signs.

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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.