3:44 PM – Calling a 2ND SELL SIGNAL as we head into today’s close. The stock has clearly lost its 10 DMA (blue line) and has continued to exhibit bearish technical action with a string of down days from its recent high. With a substantial +36.3% gain still intact, the continued deterioration is another signal to take additional profits and reduce exposure.

ULTRA Trader’s Tip: Protect Big Winners as Weakness Develops

  • A strong previous gain does not override current bearish technical action.

  • A string of declining sessions followed by a clear 10 DMA violation signals that momentum has changed.

  • Scaling out allows you to systematically protect profits as technical weakness develops rather than waiting for the entire gain to disappear.

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

Most traders fail because they rely on:

❌ Opinions
❌ News headlines
❌ Lagging indicators
❌ Emotion

I focus on:

✔ Price
✔ Volume
✔ Support & Resistance
✔ Proven technical rules

That’s it.

Simple.
Timely.
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Built from 25+ years of experience, this system focuses on highly ranked, fundamentally sound stocks setting up in bullish technical bases.

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James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts — his most refined and accessible trading system to date.