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Non-Tech : Kirk's Market Thoughts
COHR 134.64+4.6%3:59 PM EST

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To: #Breeze who wrote (22590)1/28/2025 10:21:33 AM
From: Kirk ©1 Recommendation

Recommended By
berniel

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eWave has the same "issues" as any modeling software I've worked with... new data outside the "known universe" causes it to "blow up." This case the "new data" came from China. Fundamentally, this seems to be good news for COHR products but short term, it was mistaken for a baby tossed with the bathwater.
Message #22590 from #Breeze at 1/22/2025 9:57:19 AM

Kirk, here's a COHR Wave Count Update. Wave (v) of Minute Wave (circle) iii is in play with a target of 125 -134. Breeze


This decline to the 200-dma for COHR is no exception and is why I take profits all the way up... then I add a bit of hysteresis on when to buy back (exponentially rising stocks need a bit more room, say 30% vs 10% for a normal trading range for a stock working well with eWave.)

I look forward to when you can call an eWave bottom... My deep sea nets got some already with a small profit but the next big support is at 75 which happens to coincide with 61.8% Fib level... so maybe I am frontrunning your call!

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