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Non-Tech : Kirk's Market Thoughts
COHR 170.85+3.7%3:59 PM EST
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To: #Breeze who wrote (15464)3/3/2023 3:19:31 PM
From: Kirk ©2 Recommendations

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I'm not sure why COHR moved to the NYSE... Maybe too much volatility in the Nasdaq with traders buying and shorting the QQQ and other ETFs? It has sure been more volatile than recent history.

It sure seems to be bothered by its 200-dma... get through that and it might explode to lose its "value" status and become a growth favorite again. My money is betting that way. These monster consolidations after absorbing Finisar then Coherent by the management of II-VI should become "legendary" opportunities. As in opportunities to move/convert taxable and IRA shares to ROTHs. badda bing!

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