Jun. 2 at 2:05 AM
$WPC – MON: CALLING A 1ST SELL SIGNAL @
$72.63 -3.3%
3:26 PM – After dipping below its 10 DMA on Friday, shares have clearly lost that support level today. That technical violation triggers a 1ST SELL SIGNAL under our rules. The next area of support is the 50 DMA, currently at
$72.15.
ULTRA Trader’s Tip: Support Levels Matter
• The 10 DMA is often the first line of support in a healthy uptrend.
• Once that level is lost, the 50 DMA becomes the next key area to monitor.
• Respecting initial SELL SIGNALS helps keep risk under control before technical damage increases.
https://buyingbreakouts.com/mon-6-1-wpc-calling-a-1st-sell-signal-72-63-3-3/
