Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.94

+2.9%

Nov 7 9:30 AM EST

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the longhorn

To: robert b furman who wrote (7405)	6/28/2022 10:37:21 AM
From: robert b furman	1 Recommendation Read Replies (1) of 7822

Anyone notice the 1.4 million shares sold last Friday? stockcharts.com That's a big buy and it drove the price up nicely. Price is now over the keltner midpoint and the 50 day sma. Good sign as the Macd crossover is just occurring now. Cohu is making the dip buy at $25.00ish a good "ADD TO" trade. Locked nd loaded with a larger share position. The decline for 52ish is getting a bit old in the tooth. It started the decline in February 2021. stockcharts.com All the while Cohu has been growing and becoming more profitable with a stronger balance sheet with reduced debt and increased cash. Almost feels like a merger might be considered. This long decline in Cohu, a grinding decline of now 16 months has an effect of forcing out the weak hands and strength in price gets built in. Cohu is now being recommended as a value stock sporting a PE of 9.13. benzinga.com Bob

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