TUE 8/25: TPR – SELLING (ALL) @ $130.51 | P/L: -$2,023.68 -20.3%

3:34 PM – Selling all my TPR here after getting hit roughly 20% on earnings and seeing no meaningful recovery develop. Shares are currently being turned back from the 10 DMA, which is now the first level of resistance. Additional resistance sits just overhead at the 200 DMA near $132.64, followed by the ROUND-$140 level and then the 50 DMA near $144.63.

At this point, there is simply too much technical damage and too much overhead resistance. I would rather redeploy this capital into a fresh breakout or BUY SIGNAL showing substantially better technical conditions.

James’ Trader’s Tip: Capital Has an Opportunity Cost

  • A deeply damaged stock may require significant time just to work through multiple layers of overhead resistance.

  • Even if a recovery eventually develops, that capital may be tied up while stronger opportunities emerge elsewhere.

  • Sometimes the best decision is not waiting for a damaged position to recover—it is moving the money into a stock with a cleaner technical setup.

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