THU 8/13: ASND – CALLING A 3RD SELL SIGNAL @ $245.79 -2.1%

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. •

10:07 AM – Calling a 3RD and FINAL SELL SIGNAL this morning as shares have once again fallen below the 10 DMA and are now beginning to break below the 50 DMA as well. With short-term support failing again and a more significant intermediate-term support level now under pressure, the technical deterioration warrants fully closing out this selection.

ULTRA Trader’s Tip: Multiple Support Breaks Confirm the Trend

  • Repeated failures at the 10 DMA show that short-term momentum remains weak.

  • A developing break below the 50 DMA adds another significant technical violation.

  • When multiple support levels begin failing together, the evidence is telling you the trend is deteriorating—respect it.

https://buyingbreakouts.com/thu-8-13-asnd-calling-a-3rd-sell-signal-245-79-2-1/

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