FRI 9/4: DSGX — Breaks Its 10 DMA With Volume — SELL SIGNAL

James F. Taulman
James F. 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. •

10:10 AM – Selling the last of my DSGX position here as shares break below the 10 DMA with a sharp increase in volume. The combination of a key support violation and heavy selling volume is a clear SELL SIGNAL under our rules, so I’m exiting the position completely.

James’ Trader’s Tip: Volume Confirms the Breakdown

  • A break below the 10 DMA is an important technical violation.

  • A sharp increase in volume makes the weakness more meaningful by confirming stronger selling pressure.

  • When price and volume turn bearish together, follow the rules and protect capital.

https://buyingbreakouts.com/fri-9-4-dsgx-breaks-its-10-dma-with-volume-sell-signal/

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