Cognex Corporation $ 39.60…. Reasons to be cheerful Cognex provides machine vision products that help automate manufacturing processes in Industries like automotive, semiconductors, & automated e-commerce shipping.
More on this in an excellent post on Fool.com, 5th. September.
Their chief financial officer brought 6,750 shares @ 38.04 on 4th September.
Price is now at multi year support level, short term price action looks good.I think the market has forgotten about this profitable dividend paying growth stock
Results are out Thursday 31st October……. Can’t wait !
CGNX trade ideas
COGNEX CORP Analysis 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 then subsequently the zone and accessing a new one and making a new high.
Then a test on the top of the equilibrium zone will lend itself to breakout and come back to check the bullish channel with a key figure of 90.00.
Please LIKE & FOLLOW, thank you!
TECH STOCK FLASHES WARNING ABOUT STOCK MARKET'S RALLY!!!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 higher than it was at the February peak. Other sentiment figures are flashing similar warning signs.
CGNX look for the short.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 news?
My thoughts for you!
As I have indicated on this chart, I believe we are in a little correction before we see a nice push to the upside.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
$CGNX Cognex Corp Channel trade 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.
Cognex Corp Bullish breakout 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 Robert J. Shillman, William Silver, and Marilyn Matz in 1981 and is headquartered in Natick, MA.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
CGNX contrarian to BulkowskiBig 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 price to go down to the lower support line of the triangle
Write why you want to enter the trade in this point? triangel RSI, volume down
Be aware Bulkowski is a trade mark!!!
CGNX BUY 03.09.2019BUY 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 about 20%, so you can split your buy order, that you have not big downtrend.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
CGNX Take-ProfitSell 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 downtrend.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
$CGNX Goldman downgrades Cognex stock price by 20% 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 INCREASING AS EARNINGS APPROACH
SENTIMENT NEGATIVE
P/E REMAINS HIGH
TRADE SENSITIVE
$35 LIKELY PULLBACK LEVEL
AVERAGE ANALYSTS PRICE TARGET $47
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 35
SHORT INTEREST 5%
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 Robert J. Shillman, William Silver, and Marilyn Matz in 1981 and is headquartered in Natick, MA.
$CGNX Cognex needs to give investors some clarity on CFO. 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 on the 29Th April. We will wait and see how the market reacts on Tuesday before taking a small position, which may well be a short, given the bearish divergences on the chart. Support exists at $49 and resistance at $59