WED 3/18: TJX – CALLING A FINAL SELL SIGNAL @ $153.41 -3.9%

3:36 PM – After falling below the 10 DMA on 3/6, shares have remained pinned-down by that super-key technical line while developing a downtrend. Today’s break of the 50 DMA is another significant sign of technical weakness, and triggers a FINAL SELL SIGNAL.

ULTRA Trader’s Tip: When Weakness Stacks Up

  • Persistent rejection at the 10 DMA signals fading momentum.

  • A break below the 50 DMA confirms a developing downtrend.

  • When multiple technical levels fail, it’s time to exit and protect capital.

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