Cognex CorporationShort
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.
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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!
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