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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.55+1.0%3:59 PM EST

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To: hollyhunter who wrote (6307)12/8/2016 4:16:24 PM
From: robert b furman  Read Replies (1) of 7827
 
Hi Hollyhunter,

Good to have a new poster here - Welcome.

There was a seller at 12.80 today all day.

Any timer a bid got over 12.81 it was gobbled up.

Institutional seller or some one is going short in a big way - if so hope they get squeezed real hard.

It'll put us in the teens - but this market is getting oversold so I suspect it was a short position being made.

Hope your positive TA gets the job done.

2 cs looks good and clx is strongly supportive of a continuing run.

Yesterday's bearish hanging man was not confirmed today - I still didn't like how Cohu traded - it needs to show some strength tomorrow!

candlesticker.com

Bob
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