WED 12/31: KLAC – CALLING A 1ST SELL SIGNAL @ $1,235.87 -1.4%

9:55 AM – Shares are clearly breaking below the 10 DMA this morning, signaling a loss of short-term momentum. Calling a 1ST SELL SIGNAL here to reduce exposure as the trend weakens.

SELL SIGNALS:
12/31 (1/3) @ $1,235.87 –1.4%

ULTRA Trader’s Tip: The 10 DMA Comes First

  • The 10 DMA is the earliest warning system for momentum shifts.

  • Breaks below this line should be respected immediately, not rationalized.

  • Acting quickly on minor violations helps prevent small losses from becoming larger ones.

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