Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.28

-3.3%

Nov 6 3:59 PM EST

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To: robert b furman who wrote (7500)	3/9/2023 5:19:17 PM
From: Johnny Canuck	Read Replies (1) of 7822

Hi Bob, You see the cup and handle pattern better on the weekly charts. You see it failed the first break out and is setting up for the next try just below the 38.50 level. It needs to break the level for it to run. Keep it mind it has been stalling at the 37 to 38 level most of last year. I think the main concern right now is the fundamentals of chip equip companies. INTC and TSM delaying cap ex expenses. Car companies cutting back on perceived consumer reluctance to buy big ticket items, especially cars. I think you are not seeing discounts on your dealerships yet, but farmers have been doing great most of this year. I would like to know what they think going forward for the next crop cycle. Farmers have to be pretty smart at playing options to hedge the prices on their crops now. Talk about a sophisticated CEO who does not get their due! Running a modern farmer requires you know tech and commodity options trading.

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