Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.54

-0.9%

Dec 24 12:59 PM EST

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To: Henry D who wrote (1920)	5/16/2000 4:01:00 PM
From: Logain Ablar	Read Replies (1) of 7827

Hi Bob: Well the last cup & handle I was in was ifmx and then they reported high DSO's. With COHU PnF chart (which looks good) we are right at the Bearish Resistance Line around 40 to 41 which also corresponds to the 50 day ema. If we break this we should move quickly to the next resistance which is either $48 (what looks like a failed break out point) or $54 which was support in Feb / March (this is the more probable resistance). We have support @ $34 and a break would be a triple bottom and not good. Tim

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