TUE 8/25: TNDM – SELLING (ALL) P/L: -$803.14 -8.0%

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. •

10:06 AM – Getting out of TNDM this morning as the technical picture continues to deteriorate. Shares have been (1) posting a series of lower highs, (2) making new recent lows, and (3) trading with the 10 DMA now clearly rolling over. At the same time, my loss has reached roughly 8%, which is about as far as I generally allow a position to move against me under my risk-management guidelines. I’m exiting here and protecting capital.

ULTRA Trader’s Tip: Respect Your Maximum Loss

  • Lower highs and new lows show that the stock is moving in the wrong direction.

  • A rolling-over 10 DMA confirms that short-term momentum is deteriorating.

  • Once a loss reaches your predetermined threshold, discipline matters more than hope—take the loss and move on.

https://buyingbreakouts.com/tue-8-25-tndm-selling-all-p-l-803-14-8-0/

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