Trade Review: CYRX

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Cryoport, Inc. (CYRX) was identified using our custom Mark Minervini Trend Template screener. We entered on August 24, 2026. The stop was hit on August 31, 2026 and we were out for a -5.51% loss.

Setup

CYRX met our Trend Template criteria. The plan was simple. Hold the trend. Trim into strength at $18.82 and again at $19.70. Raise the stop behind the trade as it went.

Entry

We entered CYRX at $16.71 on August 24, 2026.

Initial Stop

The position had defined risk before entry: $15.83, or 5.27% below entry.

Target

The first target is $2.11 above entry, approximately 2.4R. The second target is $2.99 above entry, approximately 3.4R.

The trade needed to clear $18.82 to pay the first target. It never got near it.

Result

We exited at $15.79 for a -5.51% loss, or -1.05R against the initial risk. CYRX turned down from the entry area and never came back. The stop was hit on August 31.

% Realized Gain/Loss

-5.51%

Position Status

Closed.

Lesson

The stop was $15.83. The fill was $15.79. Four cents.

Those four cents turned a one-R loss into 1.05R. A stop is a price where you decide to leave. It is not a price you are promised. Size the position so the slippage does not matter.

The thesis required a trend. There was no trend. We took the loss and moved on.

This article reflects our own research and trade process. It is not personalized investment advice or a recommendation to buy or sell any security. Trading involves risk, and past performance does not guarantee future results.