WED 1/14: TD – CALLING A FINAL SELL SIGNAL @ $92.88 +11.3%

10:05 AM – After being pinned beneath the 10 DMA for several sessions, shares are now trading lower from that level this morning. That continued failure confirms waning momentum. Calling a FINAL SELL SIGNAL here and wrapping up a well-managed swing trade.

SELL SIGNALS:
12/10 (1/3) @ $90.11 +8.0%
1/13 (1/3) @ $94.06 +12.8%
1/14 (1/3) @ $92.88 +11.34%

OVERALL P/L: +10.7%

ULTRA Trader’s Tip: Finish Trades When Momentum Fades

  • Stocks that remain capped by the 10 DMA are losing short-term control.

  • When price turns lower after repeated resistance, the message is clear.

  • Strong swing trading is about closing winners cleanly, not squeezing the last tick.

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