TUE 5/19: CW – CALLING A 1ST/FINAL SELL SIGNAL @ $703.30 -6.4%

3:28 PM – Shares of CW continue to show bearish action. After recently breaking below the 10 DMA, and then the 50 DMA, shares are now breaking below ROUND-$700 on above-average volume. That stacked technical deterioration warrants a FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Multiple Violations Confirm the Trend Shift

  • A break of the 10 DMA is often the first warning sign.

  • Losing the 50 DMA confirms deeper technical weakness.

  • Additional breaks of key price levels — especially on volume — signal it’s time to exit and protect capital.

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