WED 12/31: GVA – CALLING A 1ST SELL SIGNAL @ $116.38 +3.7%

10:05 AM – Shares are breaking below their 10 DMA at $116.61 this morning. That loss of short-term support represents a clear technical violation and triggers a 1ST SELL SIGNAL.

SELL SIGNALS:
12/31 (1/3) @ $116.38 +3.7%

ULTRA Trader’s Tip: Sell the Rule Breaks, Not the Story

  • The 10 DMA defines short-term momentum and must be respected.

  • Even profitable positions should be trimmed when key support fails.

  • Discipline means acting on technical signals, not defending prior gains.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.