TUE 12/9: ASTE – SELLING (1/3) P/L: -$167.83 -5.0%

2:15 PM – Shares are falling below the 10 DMA and also breaking below their short-term uptrend, signaling a clear loss of momentum. Calling a 1/3 SELL SIGNAL here — which represents 1/3 of the 1/3 position currently held.

SELL SIGNALS:
12/9 (1/3) @ $44.12 –5.0%

ULTRA Trader’s Tip: The Break in Character

  • When a stock loses both the 10 DMA and its uptrend, momentum is no longer working in your favor.

  • These “breaks in character” often precede deeper pullbacks — trimming early protects capital.

  • Staying disciplined with technical violations keeps you out of trouble and ready for stronger opportunities.

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