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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.550.0%3:59 PM EST

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To: robert b furman who wrote (6427)8/30/2017 12:57:05 PM
From: robert b furman  Read Replies (2) of 7827
 
OK,
We have our double volume confirmation before noon so the volume confirmation is a done deal.
Here's today's hourly chart - note the first three hours have RSI over 70 so the are shaded:

screencast.com

I show no news on Cohu.
I'm thinking it is just two big funds taking a position.

Unless there is a merger acquisition in the works and brokers greed is clearly showing.

Either way it is a nice move for sure.

Here's the daily - Lets hope it is the first of "Three White Soldiers":

screencast.com

Bob
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