THU 7/30: AON – CALLING A 2ND SELL SIGNAL @ $360.00 +5.6%

J
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. •

10:55 AM – Calling a 2ND SELL SIGNAL this morning as shares break below the 10 DMA on a sharp increase in trading volume. The combination of a key technical violation and expanding volume suggests institutional selling pressure is increasing and supports further reducing the position.

ULTRA Trader’s Tip: Volume Confirms the Technical Breakdown

• A break below the 10 DMA becomes more meaningful when accompanied by above-average volume.

• Increasing volume often reflects institutional distribution rather than routine profit-taking.

• Scaling out as technical weakness develops helps preserve gains while reducing portfolio risk.

https://buyingbreakouts.com/thu-7-30-aon-calling-a-2nd-sell-signal-360-00-5-6/

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