TUE 8/4: CBZ – SELLING (ALL) P/L: +$2,524.08 +24.4%

1:48 PM – Selling all my CBZ shares after the stock recently gapped sharply higher on buyout news. I’m taking these windfall profits here, locking in a strong +24% gain, and moving on to the next opportunity.

James’ Trader’s Tip: Take the Windfall and Move On

  • Buyout news can create an immediate jump in price and dramatically change the original technical setup.

  • When a stock delivers a sudden outsized gain, there is nothing wrong with taking the profit rather than waiting for incremental upside.

  • Bank the win, free up the capital, and look for the next strong setup.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.