Games Workshop; position reduced by 20% to 4.0% of Portfolio

Games Workshop; (GAW.L, FTSE Mid 250, Market Cap £1608m, 5000p, 4.0 of JIC Portfolio and 0.0 of JIC Top 10)

On 7th June, following its trading update, I concluded “Not looking as cheap as it did but I think too early to consider taking some profits. Happy Holder!”

Since then the share price has gone up 15.0%. I have just sold 20% of my holding, booking a healthy profit and reducing the position to 4.0% of the portfolio. It’s looking quite overbought with an RSI (Relative Strength Index) of 80, which I think will tempt others to book profits. 

I sold 80 shares at 5100.5125p, raising £4074.46 and realising a profit of £1580.99

Screenshot 2019-06-12 at 16.02.51