MON 2/9: RBC – CALLING A 1ST PROFIT TAKING SELL SIGNAL @ $550.04 +5.7%

10:36 AM – Shares have rallied into ROUND-$550 which could become some resistance following the post-earnings move. With a solid gain in hand and price now possibly stalling at a certain technical level, I’m calling a 1ST PROFIT TAKING SELL SIGNAL on this quick earnings trade.

SELL SIGNALS:
2/9 (1/3) @ $550.04 +5.7%

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