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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.49-0.1%Oct 28 3:59 PM EDT

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To: robert b furman who wrote (7791)6/4/2025 1:01:33 PM
From: Johnny Canuck  Read Replies (1) of 7822
 
COHU off the 52 week lows but currently in no man's land. It has not even cleared the 0.38 Fib level yet. I will get more interested as it start to move to $21.

Despite the continued demand in AI growth I think we see a recession, however short, before we see the chip sector start an expansion phase again.

For me I am essentially wait.

Fibs from barchart.com .



Similar pattern on AMAT, the big dog of semi equip.




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