10:24 AM – Shares are falling below the 200 DMA this morning, confirming continued technical deterioration. A break of long-term support removes the benefit of the doubt. Calling a 3RD and FINAL SELL SIGNAL here and dropping coverage.

SELL SIGNALS:
1/14 (1/3) @ $308.39 -4.3%
1/23 (1/3) @ $298.15 -7.5%
2/24 (1/3) @ $293.23 -9.0%

OVERALL P/L: -6.9%

ULTRA Trader’s Tip: Long-Term Support Breaks Demand Action

• The 200 DMA represents major institutional support.

• Failure below that level signals a shift in long-term character.

• Multiple sell signals remove hesitation from the decision.

• Small, managed losses protect long-term capital growth.

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