WED 2/4: KLAC – CALLING A FINAL SELL SIGNAL @ $1,311.20 +4.6%

3:52 PM – The sharp sell-off is continuing, with shares now closing below the 50 DMA. That is a clear technical violation and confirms further deterioration following the earnings reaction. Calling a FINAL SELL SIGNAL here and closing out coverage.

SELL SIGNALS:
12/31 (1/3) @ $1,235.87 –1.4%
2/2 (1/3) @ $1,409.98 +12.5%
2/4 (1/3) @ $1,311.20 +4.6% FINAL

OVERALL P/L: +5.2%

ULTRA Trader’s Tip: The 50 DMA Is the Line That Matters

  • Breaks of the 50 DMA signal a deeper change in trend.

  • When selling pressure persists after earnings, risk escalates quickly.

  • Exiting on major moving-average violations keeps gains protected and realized.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.