TUE 6/9: ATRO – CALLING A 1ST SELL SIGNAL @ $84.26 +0.2%

3:36 PM – The stock has clearly lost its 10 DMA and has also been making a series of lower highs. Those are early signs of technical weakness and trigger a 1ST SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Lower Highs Are an Early Warning

  • Strong uptrends are built on a pattern of higher highs and higher lows.

  • When stocks begin making lower highs, buying demand may be weakening.

  • Combining lower highs with a break of the 10 DMA often signals a change in momentum.

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