WED 9/3: SELLING: PH (ALL) P/L: -$138.65 -1.4%

10:24 AM – Shares gapped down yesterday below the 10 DMA ($751.86), and that line is now acting as resistance. Selling all my shares here and calling a 1st SELL SIGNAL on the website.

ULTRA Trader’s Tip: The 10 DMA

The 10-day moving average (10 DMA) is the most important and useful short-term indicator I use.

  • It often serves as the first line of support in an uptrend.

  • When broken, it can quickly flip to resistance.

  • Monitoring price action around the 10 DMA helps guide timely buy and sell decisions.

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

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.