WED 7/29: CBZ – SELLING (1/2) P/L: +$2,749.91 +27.5%

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. •

9:55 AM – Selling half of my 2/3 position in CBZ this morning after the stock gapped sharply higher following earnings. While the reaction is certainly bullish, post-earnings trading can be highly volatile. I’m taking advantage of the strength to lock in a substantial profit while allowing the remaining shares to participate if the gains continue.

James’ Trader’s Tip: Let Earnings Work for You

  • Large post-earnings gaps often create increased volatility in both directions.

  • Selling a partial position into strength allows you to realize gains while maintaining upside exposure.

  • Scaling out in stages helps reduce emotional decision-making and keeps you aligned with your trading plan.

https://buyingbreakouts.com/wed-7-29-cbz-selling-1-2-p-l-2749-91-27-5/

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