skeelsave

CGNX Parabolic Trend

NASDAQ:CGNX   Cognex Corporation
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.
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