MON 8/17: SIG – CALLING A 2ND/FINAL SELL SIGNAL @ $88.50 -6.1%

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. •

10:04 AM – Calling a 2ND and FINAL SELL SIGNAL this morning as shares break below the 50 DMA. That loss of a major technical support level is a standard SELL SIGNAL under our rules and warrants fully closing out this selection.

ULTRA Trader’s Tip: Major Support Breaks End the Debate

  • The 50 DMA is one of the most important intermediate-term support levels we track.

  • A clear break below that line confirms that technical weakness has progressed beyond a short-term pullback.

  • When a major support level fails, follow the rule and move on.

https://buyingbreakouts.com/mon-8-17-sig-calling-a-2nd-final-sell-signal-88-50-6-1/

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