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Apr 26

Exiting Long PerkinElmer ($PKI)

$PKI got hit today after disappointing earnings, triggering our stop after slicing through first support and even going as far as the 200-day MA. It had remained in a lengthy consolidation pattern since our entry but Friday’s move invalidated our rationale. We’ll exit at Monday’s open. As of Friday’s close we were -13.6% on the position.

PerkinElmer ($PKI) -13.6%. Original 3/20 entry post here.

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