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Technology Stocks : Cohu, Inc. (COHU)
COHU 28.25-3.1%Jan 16 9:30 AM EST

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To: Gottfried who wrote (2777)4/3/2002 5:24:54 AM
From: robert b furman  Read Replies (1) of 7831
 
HI G

up early to do a little DD.

siliconinvestor.com

Notice that with each stochastic spike down - the momentum indicator has a positive divergence with stochastic.

I wonder who dumped all the Cohu in the last minutes of the day?? That just is not the way to play a lightly traded stock.More indicative of a panic - the stock showed great upstream strength all day??

I hate when you lo- ball gets filled and price just keeps rolling down - makes one feel very un-nimble(if that's a word)

The open will be interesting.

Market is wringing out the last players just before Q1 earnings start to flow.

Looks like Cohu may find support at its 20 day MA 27.25-27.35.It looks like today's low was exactly on its 25 day sma

Surprised to see that macd on a daily basis still is getting better negative but getting less negative - looks like only 2-3 more days and we get over zero (uptrend in price begins).

Notice last DMI spike back on 3/21 - another good entry point.

Hope I haven't over hyped you into something your regretting??

But you might have just pulled off "The Perfect Buy".gg

Globex up in the am - so far gulp.

cme.com

Bob



Bob
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