WED 10/8: SVV – CALLING A FINAL SELL SIGNAL @ $12.96 +5.8%

3:13 PM – Made gains today to near the 10 DMA ($13.19), but volume was below average. The 10 DMA is starting to roll over, which often signals the beginning of a short-term trend reversal. Locking in profits here and closing out the position.

SELL SIGNALS:
8/21 @ $11.34 –1.8%
10/7 @ $12.71 +3.8%
10/8 @ $12.96 +5.8% FINAL

ULTRA Trader’s Tip: The 10 DMA Rules
• The 10 DMA is the heartbeat of our trading system
• A break below it is a SELL SIGNAL
• A rollover signals fading momentum — don’t hesitate when the setup weakens

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.