TUE 11/18: WCC – CALLING A FINAL SELL SIGNAL @ $245.82 +7.5%

3:58 PM – WCC clearly broke below the key $250 round-number level today and continued to roll over beneath its 10 DMA. That decisive break in character triggers a FINAL SELL SIGNAL here as momentum weakens and buyers fail to defend support.

SELL SIGNALS:
11/3 @ $256.88 +12.4%
11/17 @ $246.91 +8.0%
11/18 @ $245.82 +7.5% FINAL

ULTRA Trader’s Tip: Respect Round Numbers

  • Round numbers like $50, $100, $250 often act as natural support and resistance.

  • Institutions frequently place large orders around these levels, making them critical decision points.

  • When a stock loses support at a major round number, it often signals a shift in control — and a potential trend change.

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