TUE 8/12: HEI – CALLING A 2ND SELL SIGNAL @ $315.74 -5.3%

3:50 PM – Did make a positive reversal, albeit on lighter volume, and ran into resistance at the 50 DMA ($315.85).

SELL SIGNALS:

8/11 @ $312.15 -6.4%
8/12 @ $315.74 -5.3%

An ULTRA Trader’s Tip: Understanding the 50 DMA as Resistance

  • The 50-day moving average often acts as a strong line of resistance when price trades below it.
  • Support levels can flip to resistance once price breaks below — a common reversal dynamic in technical analysis.
  • Watching how price reacts at the 50 DMA can signal whether momentum is likely to resume or stall.

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

 


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.