WED 4/22: TIMB – CALLING A 2ND SELL SIGNAL @ $25.85 -7.0%

3:27 PM – Calling a 2ND SELL SIGNAL this afternoon as shares are closing below their 50 DMA support. That violation signals weakening intermediate momentum and increases downside risk.

ULTRA Trader’s Tip: The 50 DMA Is a Key Line

  • The 50 DMA represents institutional support in most trends.

  • A close below this level confirms technical deterioration.

  • Scaling out helps manage risk as the trend weakens.

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