WED 2/4: NU – CALLING A 1ST SELL SIGNAL @ $17.60 +1.4%

WED 2/4: NU – CALLING A 1ST SELL SIGNAL @ $17.60 +1.4%

9:40 AM – Shares are clearly losing support at the 10 DMA and are trading at new short-term lows near $17.60 this morning. Volume is well above the normal rate, confirming increased selling pressure. Calling a 1ST SELL SIGNAL here.

BUY SIGNALS:
1/21 (1/3) @ $17.36

SELL SIGNALS:
2/4 (1/3) @ $17.60 +1.4%

ULTRA Trader’s Tip: Volume Confirms the Breakdown

  • Breaks of key averages matter most when volume expands.

  • Increased volume signals urgency from sellers, not noise.

  • Acting on early sell signals keeps gains intact and risk contained.

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