WED 3/11: RBC – SELLING ALL P/L: -$407.73 -2.9%

9:58 AM – I’m selling the remainder of my RBC position here. The stock is simply underperforming and is getting turned back from its 10 DMA, which has been acting as clear resistance. That line is also starting to roll over, confirming weakening momentum. Motto: BUY STRENGTH – SELL WEAKNESS.

ULTRA Trader’s Tip: Sell Weakness Without Hesitation

  • Stocks repeatedly rejected at the 10 DMA are losing short-term leadership.

  • When the 10 DMA rolls over, momentum has clearly shifted.

  • Following the rule — buy strength, sell weakness — keeps the portfolio aligned with leadership.

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