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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.94+2.9%Nov 7 9:30 AM EST
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To: Underexposed who wrote (7386)5/25/2022 5:07:36 AM
From: Underexposed1 Recommendation

Recommended By
Cogito Ergo Sum

  Read Replies (1) of 7822
 
Oooopppssss, You will note that I gave the wrong P&F chart for COHU. It is the chart for a penny stock that I am playing and not COHu. I was fooled because I was working too fast and the penny vaues looked like the dollar values of Cohu,

Here is the proper chart and analysis for the P&F chart for Cohu


First the circle at the top left. The computer has announced a High Pole Warning . This is a bearish price warning where the share price has risen to a point that was 3 points higher than a previous high and then dropped 50% of that previous gain. It predicts future losses.

The column SMA's looked to be coming out of bearishness and recrossing the red bear line. however we are headed for the green support line which may be breached

overall this is a bearish chart right now.

UE
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