TUE 7/7: JCI – CALLING A 3RD SELL SIGNAL @ $138.92 -4.6%

10:03 AM – Shares are posting new recent lows this morning as the bearish action continues. Calling a 3RD and FINAL SELL SIGNAL here to fully close out coverage of this selection.

ULTRA Trader’s Tip: Continued Weakness Confirms the Trend

  • New recent lows indicate that sellers remain in control.

  • Repeated technical weakness reduces the probability of a quick recovery.

  • A FINAL SELL SIGNAL closes out coverage and allows us to focus on stronger opportunities.

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