TUE 9/8: DBX – SELLING (ALL) @ $33.60 | P/L: -$1,005.07 -5.0%

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. •

10:59 AM – Dumping all of my DBX position here this morning as shares sell off sharply and make new recent lows with an increase in volume. The combination of declining price, new lows, and increased selling volume is clear bearish technical action and enough for me to exit the position completely.

James’ Trader’s Tip: New Lows With Volume Demand Attention

  • New recent lows show that the stock’s technical condition continues to deteriorate.

  • Increased volume adds significance by showing stronger selling pressure behind the decline.

  • When price and volume turn decisively bearish together, follow the SELL rules and protect capital.

https://buyingbreakouts.com/tue-9-8-dbx-selling-all-33-60-p-l-1005-07-5-0/

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