10:05 PM – Calling a FINAL SELL SIGNAL on Byline Bancorp as bearish technical action continues to mount. The 10 DMA has repeatedly weighed on the stock and acted as resistance, while a clear downtrend has developed from the early-August highs near $40.00. Today’s move to a new recent closing low adds another bearish sign and confirms the continued deterioration.

ULTRA Trader’s Tip: Repeated Resistance Can Define the Trend

  • When a stock repeatedly fails at the 10 DMA, that line can shift from support to resistance.

  • A pattern of lower prices developing from prior highs is evidence that a downtrend is taking shape.

  • New recent lows add confirmation that weakness is continuing and support taking the final SELL SIGNAL.

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
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I focus on:

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

That’s it.

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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.