TUE 4/21: IDA – SELLING (ALL) P/L: -$279.03 -2.8%

10:30 AM – Selling the entire IDA position this morning as the stock has clearly lost its 10 DMA support. That’s a technical violation and a SELL SIGNAL.

ULTRA Trader’s Tip: Respect the First Breakdown

  • The 10 DMA is the first line of support in strong stocks.

  • Losing that level signals momentum is no longer in your favor.

  • Exiting early helps prevent small losses from growing larger.

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