Aug. 20 at 3:26 AM
WED 8/19:
$AIT – CALLING A 2ND SELL SIGNAL @
$348.87 +4.2%
3:36 PM – Calling a 2ND SELL SIGNAL as shares break below our noted 1st SUPPORT at the ROUND-
$350 level and appear set to close near the session lows. The next significant support is the 50 DMA, currently at
$338.46, approximately 2.3% below the current price. A break of that level would represent another significant technical violation.
ULTRA Trader’s Tip: Support Levels Give Us a Roadmap
• Identifying support levels in advance removes guesswork when a stock begins weakening.
• When one level fails, immediately know where the next important technical support lies.
• If weakness continues and the next major support level also breaks, that provides additional evidence to reduce exposure.
https://buyingbreakouts.com/wed-8-19-ait-calling-a-2nd-sell-signal-348-87-4-2/
