WED 3/11: RBC – CALLING A 3RD SELL SIGNAL @ $553.61 +2.3%

10:00 AM – Calling a 3rd and FINAL SELL SIGNAL here this morning as the stock is being turned back from its 10 DMA and that line is rolling over. When a stock repeatedly fails to reclaim the 10 DMA and the line begins sloping downward, it signals weakening momentum and a developing downtrend.

ULTRA Trader’s Tip: When the 10 DMA Turns Into Resistance

  • The 10 DMA often shifts from support to resistance when momentum fades.

  • Repeated failures at that line signal institutional distribution.

  • Final exits during this transition protect gains before weakness accelerates.

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