COGNEX CORP

NASDAQ

CGNX

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...

hello

Looking great and since US China trade deal has taken a soft stance, industries can free up money and spend in automation. I like it.

Cognex is the leading Machine-vision learning provider and has delivered record growth, revenue, income,and earnings per share in the last 3 years. This is not enough for investors lately given the announcement that the CFO will be departing in May 2019. Having only worked at the company for 2 years this will surely be a topic for discussion on the earnings call...

$CGNX Ascending Triangle - Consolidating post earnings - Monitoring for break through ~$52 resistance Near term target - $54.00 Medium term target - $59.00 Note: Informational analysis, not investment advice.

Wave 5 done

CGNX has been underperforming while billions seem to be pouring into the market of late. Once a darling, and with a big nasty double top on the chart I am thinking of getting long. US markets seem to be manipulated and have painted themselves into a corner where everything MUST go up. I am making another non-Tasty Trade in my smaller reg-T account because...

See chart for details.

Invest in CGNX until the the price breaks out of the parabolic trend. Exceptionally large preceding green bar, then <= red bar with high volume will be the indicator for exiting. There is current somewhat concerning drop with a fair amount of volume, so wait for confirmation of low volume and regression to middle of trend prior to entry.

Asking for a friend

Could buy today on hourly or wait for another bullish candle. RSI at 50, bouncing off ma.

I would manage the SL on H1 to be closer to the market.

CGNX Target 61.80

Long > 53.4 Stop - 52.29 Target - 54

Large negative volumes in CGNX coupled with divergence in the DMI+ line may indicate the trend is beginning to turn. This is further confirmed with the presence of a crossed MACD and large negative volume indicating distribution from large holders. Stop above the psychological $50 level which is also a new high. Target of $46.70. At current prices this is an...