VanEck Vectors Junior Gold Miners ETF (GDXJ, 3.0% of JIC Portfolio)
I have given the position a āhaircutā!
It has had a tremendous run pushing the RSI to 70. It looks a little overbought in the short term so I have sold 15.0% of the position, reducing it to 3.0% of the JIC Portfolio (v my original target weight of 2.0%).
It increases my cash to 0.6%.
Ideally, I would like to see my cash increase towards 5.0% into this rising market, to give me some firepower on any pullback.
I sold 71 shares at Ā£3848.05p, raising Ā£2726.17 and recording a profit of Ā£825.19