TUE 2/10: NU – CALLING A 3RD (FINAL) SELL SIGNAL @ $17.51 +0.9%

12:12 PM – Shares continue to be pinned below the 10 DMA at $17.78, while forming lower highs and a developing downtrend. This trade is no longer behaving like a swing trade. Calling a 3RD and FINAL SELL SIGNAL and closing out the position at even.

BUY SIGNALS:
1/21 (1/3) @ $17.36

SELL SIGNALS:
2/4 (1/3) @ $17.60 +1.4%
2/6 (1/3) @ $16.80 –3.2%
2/10 (1/3) @ $17.51 +0.9%

OVERALL P/L: (ON SOLD SHARES): –0.3%

ULTRA Trader’s Tip: Exit Trades That Lose Their Character

• Swing trades must act like swing trades — higher highs, momentum, and support.

• Persistent failure at the 10 DMA signals a loss of momentum.

• Multiple sell signals confirm trend deterioration, not noise.

• Discipline means exiting when the trade no longer matches the setup — even near breakeven.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.