WED 2/11: SMFG – CALLING A 2ND SELL SIGNAL @ $23.77 +39.3%

3:42 PM – Shares posted continued gains today, though volume came in slightly below average. After an extended move, I’m calling a 2ND SELL SIGNAL to lock in additional profits. Scaling out methodically after a strong advance is disciplined trade management.

BUY SIGNALS:
11/19 (1/3) @ $17.02
11/24 (1/3) @ $17.10

SELL SIGNALS:
12/1 (1/3) @ $18.41 +7.9%
2/11 (1/3) @ $23.77 +39.3%

ULTRA Trader’s Tip: Scale Out After Extended Moves

 • Strong advances often slow before they reverse.

 • Below-average volume on continued gains can signal waning momentum.

 • Selling in stages protects profits while allowing room for further upside.

 • Consistent scaling builds long-term performance stability.

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