NCP opened at 10.90 (up 0.32) and slid down to 10.79 at midday. The entire portfolio is in profit. But I don’t think things have bottomed yet.
So I decided to sell half the NCP holding at a close to high price of 10.85 at 3:00pm.
I am overweight NCP and that exceeds the 3% target gain. So if NCP heads down I’m still in profit. If it keeps climbing I’ve taken some profit and it is cheap insurance.