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U-Turn Trade Alert: 1/24/2017

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes. Revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance are the strengths of this company.

Symbol: CGNX
Order: Buy
Price: $66.12
Stop Loss: $64.09
Take Profit: $68.20

2 Comments

  1. DougM
    January 25, 2017 at 3:49 am #

    Really ?! A one/one ratio ? Please show me your results in the past year.

    Reply
    • Jason Fielder
      February 2, 2017 at 9:04 am #

      Hello Doug,

      Thanks for the post. There are time that a 1/1 is warranted.
      Most of the time we are at least a 1/2 if not higher.

      This trade took 7 days to close out at a profit of $2.08 per
      share!

      I hope that this helps.

      Good trading,
      Jason Fielder

      Reply

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