The PEAD projected a Bearish outlook for $CGNX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Hey traders, COGNEX CORP is in a very important moment in its history we can witness a new historical high. It is in a bullish dynamic with a marubozu and a large volume of purchase executed. The TIMEFRAME M1 on observed a dash a low volume of traded purchase it came to test the top of the equilibrium zone. Strong possibility of breaking the price with momentum...
CGNX has had a propensity for rising and falling ahead of the major averages. If this correlation continues, the recent breakdown from its countertrend high is a clear warning that the rally so beloved by Main Street investors is on thin ice. Moreover, the recent 5 day average Put/Call ratio has dropped to a six year low, and trader bullish sentiment is now...
Hello,
What is CGNX?
Cognex Corporation is an American manufacturer of machine vision systems, software and sensors used in automated manufacturing to inspect and identify parts, detect defects, verify product assembly, and guide assembly robots. Cognex is headquartered in Natick, Massachusetts, USA and has offices in more than 20 countries.
What is in the...
Cognex chart looks decent here.
Potential long term hold
Could pull back closer to the $50 dollar level so consider this area the start of a position and scale in.....
RSI: crossover confirm
FStoch: crossover confirm
Pattern Reversal: LONG Term Bullish
MACD: above
Action: potential uptrend of 5-9%
Strategy: SHORT Term Bullish
Confirmation: GAP UP, may convert to "Three white soldiers"
Volume: High.
Cognex Corp. engages in the provision of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The company was founded by Robert J. Shillman, William Silver, and Marilyn Matz in 1981 and is headquartered in Natick, MA.
Entry level $60
Target Price $69
Stop loss $57
P/E ratio = 60
Average Recommendation:HOLD
Average Target Price:$51
Company profile
Cognex Corp. engages in the provision of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The company was founded by...
Big pictrue of fundamental analysis and technical analysis. market is still on a way up
Write sometning about your psyhology thinking before trade? Good shape and very risk taking, bulkowski bet on upside with peenat, I bet on opposite side
Describe the trade. What you see? there is a triagle forming and price is about to touch the third time. It is expected the...
BUY signal at 45.08 $
Cognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required.
If you want to see more history of this strategy, I will able to show you if you request me.
ATTENTION this strategy may has downtrend...
Sell signal at 50.06 $
Timeframe - 1 week.
Cognex Corporation ( Cognex ) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required.
ATTENTION this strategy may has downtrend about 20%, so you can split your buy order, that you have not big...
Goldman Sachs analyst Joseph Ritchie downgraded Cognex to Sell from Neutral and lowered his price target for the shares to $36 from $45. The analyst shuffled his ratings in the Americas Multi-Industry ahead of the Q2 earnings season. He sees a "rocky road ahead."
TECHNICALLY THE STOCK HAS LOST ALL MA SUPPORT
IN WELL DEFINED DOWNTREND
INDICATORS BEARISH
SELLING...
