Yesterday’s ICT sale was driven primarily by portfolio liquidity. Today, the market gave us a better technical setting to release another 30 rotational shares at ₱1,002—without touching the 500-share anchor.
Originally published: August 8, 2026 · Last updated: August 8, 2026
Links to related posts
- ICT Stock Study 6: Capital Allocation ng Isang Core Anchor
- ICT Stock Study 7: ICT Updated Valuation
- Bollinger Reversion Series: A Formal Setup-Based Series Within the MH Operator Journal
- MH Operator Journal Entry 2: ICT Middle-Band Re-entry, Completed Roundtrip, at RTS Accumulation
- MH Operator Journal Entry 6: ICT Liquidity-Driven Partial Release
- Micro Harvesting 2.0 Investment Policy: Ang Constitution ng MH Money Machine
Transaction Snapshot
Transaction date: August 7, 2026
Stock: International Container Terminal Services, Inc.
Ticker: ICT
Action: Technical Follow-Through Partial Harvest
Shares sold in this entry: 30 shares
Selling price: ₱1,002 per share
Gross proceeds: ₱30,060
The Transaction
We sold an additional 30 ICT shares at ₱1,002 on August 7, 2026.
This entry records only today’s transaction. It follows MH Operator Journal Entry 6, which separately documented the liquidity-driven release of 20 shares at ₱1,000 on August 6.
Although the two transactions are related, they remain distinct journal entries because their primary decision contexts were different.
Relationship to Journal Entry 6
Journal Entry 6 recorded a:
Liquidity-Driven Partial Release
The sale of 20 shares at ₱1,000 was primarily intended to recover portfolio liquidity. Technical conditions provided context, but liquidity requirements remained the controlling consideration.
Journal Entry 7 records a:
Technical Follow-Through Partial Harvest
By the following trading day, ICT presented a more favorable short-term technical setting. This allowed us to sell another 30 rotational shares at a slightly higher price without disturbing the 500-share anchor.
The second transaction did not revise or replace the purpose of Journal Entry 6. It extended the rotational reduction under a newly favorable technical context.
Intraday Technical Context
At approximately 11:48 a.m., ICT was trading around ₱1,000 after reaching an intraday high of ₱1,003.
The three-minute chart showed the following approximate readings:
- Bollinger upper band: ₱1,003
- Bollinger middle band: ₱1,000
- EMA-200 ribbon: ₱995–₱997
- SMA-50: ₱994
- RSI: 57.01
The sale at ₱1,002 was executed close to the upper Bollinger Band and immediately below the ₱1,003 intraday high.
Short-term momentum remained generally positive, but signs of moderation were already visible. The MACD lines were flattening, the histogram had turned slightly negative, and RSI had retreated from its earlier intraday level.
Price subsequently moved back toward the ₱1,000 middle-band area.
Setup Classification
Today’s 30-share sale is classified as an:
ICT Technical Follow-Through Partial Harvest
The action was supported by:
- price reaching the ₱1,000–₱1,003 resistance area;
- execution near the intraday upper Bollinger Band;
- weakening short-term momentum;
- RSI retreating from its earlier high;
- and the opportunity to reduce rotational exposure at a favorable price.
The upper band was not treated as an automatic sell signal. It served as a price-location reference supporting a measured partial harvest.
Portfolio Position After the Sale
Before Journal Entry 6, our ICT position consisted of:
- 500 Anchor Shares
- 100 Rotational Trading Shares
- 600 total shares
After the 20-share release recorded in Journal Entry 6 and the additional 30-share sale recorded here, the position becomes:
- Anchor Shares: 500
- Remaining Rotational Trading Shares: 50
- Total ICT position: 550 shares
The complete 500-share anchor remains intact. The transactions reduced only the rotational portion of the position.
Consolidated Two-Day Outcome
Although the sales are recorded separately, they may be viewed together as a related two-day reduction:
- August 6: 20 shares sold at ₱1,000
- August 7: 30 shares sold at ₱1,002
- Combined shares sold: 50
- Combined gross proceeds: ₱50,060
- Weighted average selling price: ₱1,001.20 per share
This consolidated result is presented only as a portfolio summary. The 20-share transaction remains recorded under Journal Entry 6, while Journal Entry 7 records only the succeeding 30-share sale.
Liquidity and Technical Execution Working Together
The sequence demonstrates that liquidity management and technical execution do not have to operate separately.
The first transaction addressed an immediate portfolio requirement. The second transaction took advantage of a more favorable short-term price location.
The technical setup did not retroactively change the purpose of the first sale. Instead, it improved the overall quality of the two-day rotational reduction.
Replacement Remains Optional
The proceeds from both transactions return first to portfolio liquidity and dry powder.
A future repurchase of the 50 shares remains an option, not an obligation.
Trading below the ₱1,001.20 combined average exit price would not, by itself, justify replacement. ICT must also present an acceptable technical setup, price location, valuation context, and portfolio liquidity condition.
Until those gates align, the remaining cash may be retained or deployed elsewhere in the portfolio.
Final Reading
Journal Entry 7 records a disciplined technical follow-through sale of 30 ICT shares at ₱1,002.
It complements—but does not duplicate—the liquidity-driven 20-share release documented in Journal Entry 6.
Together, the two transactions reduced rotational exposure by 50 shares at a weighted average selling price of ₱1,001.20 while preserving the complete 500-share core anchor.
The result is a clean journal sequence:
Journal Entry 6 recorded the liquidity decision. Journal Entry 7 recorded the favorable technical follow-through.
The PSE has confirmed that its Shariah screening program is currently paused, with no new lists to be released until their internal review is completed. Although news outlets reported quarterly updates up to mid-2025, these later lists are no longer accessible on the PSE website.
For now, the PSE’s Shariah-Compliant Securities page and all past lists have been removed from the public website. The December 24, 2024 list is the last official version in Micro Stock Trader’s possession, downloaded before the page was taken down, although other investors may still hold later copies such as the reported July 4, 2025 release.
All halal-focused strategies under Micro Stock Trader will use a conservative, self-screened approach until official guidance resumes, in shā’ Allāh.
This post is for educational and documentation purposes only. It is not investment advice. Perform your own due diligence and consult qualified financial professionals before making investment decisions. All strategies, frameworks, and examples described here reflect the personal methodologies of Micro Stock Trader and are not guarantees of future performance.
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