TradingWithConfidence
Short

Trend Following Short as well as Longer Term Short

NYSE:PKI   PERKINELMER INC
PKI Is overbought. So is it's Industry Group.

Though Market went up today (20th Apr ), PKI and many of its peers dropped.

PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.

Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go up.

It has a Go With Flow Short Signal at the right edge. With narrow Stop Loss.

Trade closed: stop reached: On 24th Apr, Stop level, decided by CUE Protection Signal was hit and the trade was exited.

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