TUE 7/28: AM – SELLING (ALL) P/L: -$579.89 -5.0%

J
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. •

9:40 AM – Selling all my AM shares this morning as the stock continues lower after slipping below the 50 DMA yesterday. That break represents clear technical weakness. I am also freeing up needed capital to add another 1/3 position to FTS, which appears headed toward new highs on above-average volume.

James’ Trader’s Tip: Move Capital Toward Strength

  • A break below the 50 DMA is a meaningful technical violation that should not be ignored.

  • Holding a weakening stock can prevent capital from being deployed into a stronger opportunity.

  • Portfolio management is not only about what you sell—it is also about where that capital can work more effectively.

https://buyingbreakouts.com/tue-7-28-am-selling-all-p-l-579-89-5-0/

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