WED 3/18: BMO – CALLING A 3RD SELL SIGNAL @ $138.09 +1.6%

3:18 PM – Shares are getting turned back this afternoon from the stacked 10 DMA and 50 DMA lines. That’s triggering a 3RD and FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Stacked Resistance Matters

  • When both the 10 DMA and 50 DMA act as resistance, momentum has clearly shifted.

  • Turn-backs from these key moving averages often lead to continued downside.

  • Final exits protect gains or limits loses when technical conditions deteriorate.

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