TUE 8/18: AME – SELLING (ALL) P/L: +$257.68 +2.6%

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. •

9:56 AM – Selling all my AME shares this morning as the stock is clearly breaking below the 10 DMA. That loss of short-term support is a technical violation, and with a modest profit still intact, I’m locking in the gain and moving on.

James’ Trader’s Tip: Protect Even Small Profits

  • A profit does not have to be large to be worth protecting.

  • When a stock breaks a key support level like the 10 DMA, the technical picture has changed.

  • Taking a small gain and freeing up capital is better than allowing a winning trade to turn into a loss.

https://buyingbreakouts.com/tue-8-18-ame-selling-all-p-l-257-68-2-6/

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