TUE 8/18: NDSN – CALLING A 1ST SELL SIGNAL @ $305.41 -0.8%

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. •

10:05 AM – Calling a 1ST SELL SIGNAL this morning on NDSN as shares have been developing a series of lower highs and are now clearly breaking below the 10 DMA. That break represents a technical violation and triggers a standard SELL SIGNAL under our rules.

ULTRA Trader’s Tip: Lower Highs Often Warn Before the Break

  • A series of lower highs shows that each rally attempt is losing strength.

  • Once price then breaks below the 10 DMA, the weakening pattern becomes more significant.

  • Recognizing deterioration early allows you to reduce exposure before additional technical damage develops.

https://buyingbreakouts.com/tue-8-18-ndsn-calling-a-1st-sell-signal-305-41-0-8/

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