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 12, 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.
Update: Afternoon Session — Additional 10 Shares Harvested at ₱1,005
Update: August 7, 2026, afternoon session
After the morning transaction documented in this Journal Entry, ICT continued to trade favorably during the afternoon session. We therefore sold an additional 10 Rotational Trading Shares at ₱1,005.
This does not change the original reading of Journal Entry 7. The 30-share sale at ₱1,002 during the morning session remains the Technical Follow-Through Partial Harvest documented above. The additional 10-share sale simply extended the same rotational reduction when ICT offered us an even better selling price later in the day.
For August 7 alone, our transactions were:
August 7 Transactions
- Morning session: 30 shares sold at ₱1,002
- Afternoon session: 10 shares sold at ₱1,005
- Total shares sold for August 7: 40 shares
- Gross sales: ₱40,110
- Gross weighted average selling price: ₱1,002.75 per share
Daily Closing Portfolio Position — August 7, 2026
- Anchor Shares: 500
- Rotational Trading Shares: 40
- Total ICT Position: 540 shares
- RTS Average Buy Price: ₱972.49
The afternoon transaction reduced our remaining Rotational Trading Shares from 50 to 40 shares, while the 500-share ICT Anchor remained completely intact.
Daily Closing Portfolio Position — August 7, 2026
At the close of the August 7 trading session, our ICT position stood at:
- Anchor Shares: 500
- Rotational Trading Shares: 40
- Total ICT Position: 540 shares
- RTS Average Buy Price: ₱972.49
- Broker Average Net Price: ₱973.36
August Month-to-Date Rotational Sales
For proper reconciliation, we separately track the cumulative August transactions:
- August 6: 20 shares sold at ₱1,000 — Liquidity-Driven Partial Release
- August 7, morning: 30 shares sold at ₱1,002 — Technical Follow-Through Partial Harvest
- August 7, afternoon: 10 shares sold at ₱1,005 — Extension of the Technical Follow-Through
- Total Shares Sold MTD: 60 shares
- Gross Sales MTD: ₱60,110
- Gross Weighted Average Selling Price: ₱1,001.83 per share
- Net Proceeds MTD: ₱59,872.57
The original sections of this Journal Entry remain unchanged because they accurately preserve the circumstances of the morning-session decision as it happened. This update records what followed during the afternoon and provides the closing portfolio position after all August 7 transactions.
What began as the Liquidity-Driven Partial Release in Journal Entry 6 therefore continued into a technically favorable reduction on August 7. The reasons for the individual transactions remain distinct, but by market close they form part of the same developing sequence of disciplined RTS reduction.
Journal Entry 6 recorded the liquidity decision. Journal Entry 7 recorded the technical follow-through. The afternoon session extended that follow-through at a better price.
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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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