MON 2/9: KN – CALLING A 2ND SELL SIGNAL @ $26.67 +8.2%

10:55 AM – Calling a prudent 2ND SELL SIGNAL this morning as shares begin to dip to new lows post-earnings. Stocks are often volatile for several sessions following earnings, and this action warrants additional risk reduction.

SELL SIGNALS:
1/23 (1/3) @ $23.93  -2.9%
2/9 (1/3) @ $26.67  +8.2%

OVERALL P/L: +2.7%

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.