Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:CGNT ... I believe this code is at a point of potential volatility. If price can hold above $7.08 ... Bullish potential may be unlocked. My key upside targets include: - $8.65 (Conservative) - $11.30 (Medium) - $13.49 (Aggressive) ...
Cognyte Announces Second Quarter Fiscal 2024 Results, Increases Full-Year Outlook Cognyte (CGNT) reported a loss of $0.09 per share on revenue of $77.05 million for the fiscal second quarter ended July 2023. The consensus EPS estimate was a loss of $0.21 per share and revenue estimate was $76.22 million. The company said it now expects a fiscal year non-GAAP...
Analyzing the options chain of CGNT Cognyte Software prior to the earnings report this week, I would consider purchasing the 7.50usd strike price in the money Calls with an expiration date of 2024-1-19, for a premium of approximately $0.67. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Bought this early and go clapped in the face. May be a good time to turn this loss into profit.
Solid company with good buy ratings from analysts. IMO it might have a good breakout if it can clear $24.77 (daily close).
CGNT: cogentix medical in 2018-03-12 08:49:04 Detected possible acquisition or asset purchase
Over the past few months CGNT has exhibited a constant uptrend. Initially, it broke out of the original ascending triangle (Blue Lines) and ran for about 5 days until buyers locked in their profits and sold, causing a retest of the 13EMA. Moreover, the stock is riding the 13EMA upwards. I believe that the stock will reach resistance at (3.36) within the next few...
Cogentix Medical Inc. (CGNT) topped out in the mid-20s in 2005 and tested that resistance level in 2008. It then entered a severe downtrend that continued into the May 2016 all-time low at 71-cents. Price action since that time has carved a multi-leg recovery, with the stock recently bouncing off new support at the 200-day EMA under $2.00. Pullbacks to the blue...
Looking for RED Monday, all the way to support @ 2.60, Maybe lower. Next couple of day looking for breakdown to 50WMA & bounce from there. For long term perspective, highers lows, highers highs, Bullish signs. For next couple of days I'm bearish.