WED 12/3: COR – CALLING A FINAL SELL SIGNAL @ $346.68 -6.1%

10:34 AM – Continues selling off on rising volume after breaking below our noted ROUND-$350 support. A test of the 50 DMA, currently at $337.62, looks likely. Calling a 1st and FINAL SELL SIGNAL here as momentum clearly breaks down.

SELL SIGNAL:
12/3 @ $346.68 –6.1%

ULTRA Trader’s Tip: Support Breaks Matter

  • When a stock loses a key round-number support level, sentiment often shifts fast.

  • Increased volume on the breakdown confirms real selling pressure—not just noise.

  • Exiting early keeps you ahead of deeper tests like the 50 DMA.

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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.