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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (89916)	2/22/2017 1:00:25 AM
From: Underexposed	Respond to of 218580

Again thanks for your response. You have no trouble picking good stocks to play by these examples. :) When you study my charts and comments... Note the settings on the indicators... I prefer slower response indicators so especially on Slow Stochastics . To me a lot of indicators are thrown out there but NO DISCUSSION is made as to where they work best. To me they seem to be geared to the day trader...who requires fast response to their decision making. A long term trader like myself could not care less if the indicator turns on a dime. This just confuses the issue if the indicator whipsaws back and forth. You will note I don't use a signal line on my MACD... why? Because it is of limited use for long term intervals. It IS useful for the daytrader's one minute interval chart. the shorter the interval the more accurate the buy/sell signals. Think about it if you base your decisions of the cross/recross of the 9 EMA interval recrossing the difference between the 12 interval,26 interval EMAs that make up the MACD... in one minute this would happen probably once/interval but in one day...it could happen many times... I have found the daily movement lags when looking for a buy/sell opportunity... the histogram crossings up and down are not meaningful at all to me anyway, when you study my charts create a Sharpchart and duplicate my chart exactly. The try it out on other stocks that interest you. I will bet you will see the buy/sell triggers I have shown and ther are many other observations that I can also make on these charts. That is why I like to share them and answer questions. It is practice on stocks not of my choosing, sometimes I am asked to comment on a very good many making prospects and finally it sharpens my game so to speak... often I see something that adds to my interpretation of the chart... there is no definitive method of charting the more you do it, the better you get...it is like a growing cancer. :)

To: robert b furman who wrote (89916)	2/23/2017 10:54:11 AM
From: Underexposed	Read Replies (1) \| Respond to of 218580

Ok... it is a few days later and COHU is showing very bullish still. Here is an update on my first chart which I call my "Trigger chart" because it is easy to see breakouts as I have already shown you. I will also show this time my "Sentiment chart" which lets me know if bearish elements are setting in. Remember I said on my first post that the best scenario was for the share price to re-enter the Bollie envelope on a positive drift... well it has done it in spades!! Well this is the fourth day above the upper Bollie.... if it stays there 2 more days this stock will break a record for my observance of this action.... Look at the indicators in this blue circle... only the Slow Sto shows a sign of curling... Very very bullish IMHO. Many would say that the Slow Sto is in an "over bought" situation.... I AM NOT OF THAT OPINION. I will talk about this more when I discuss the RSI in the next chart... Being over 80 in the Slow sto is just a very bullish situation. here is the next chart in my quiver. I like this "sentiment chart" because it gives me a handle on whether I should keep a stock when it is in the consolidation stage after a breakout... this stock is a couple of days away from that stage though. *My philosophy regarding indicators is that all indicators lie* every now and then. You cannot depend on them totally to give good indications all the time. However, they don't lie at the same time if you choose your suite of indicators properly.** So when I evaluate a stock chart each overlay and especially the indicators can be judged: Bullish...Mildly Bullish...Neutrally Bullish....Neutral....Neutrally Bearish....Mildly Bearish....Bearish once each one is evaluated then you cancel out opposites (ie: mildly bullish cancels mildly bearish)... what is left over is a consensus of the status of the stock. This is usually a reliable result. the only bear result in this whole chart is the DI +/- in the ADX indicator in the arrowed circle(I don't pay attention much to the black line which is supposed to show the strength of a movement...I have found this iffy). That is a bearish cross...above it the RSI is neutral and the Force 100 is mildly Bullish. I have 2 more indicators to look at in another chart. In the first chart the MACD on that day is neutral and the Slow Sto is mildly bearish to me...as an example. Finishing the ADR... currently it is bullish... see how green line has renewed an upward ever widening from the red line. the RSI is over 70... bullish The Force 100 after taking a bullish jump a few days ago, is still rising ... Very bullish (I sometimes add a "very" to the extremes :) You will note I have the Parabolic Sar in the main chart... I generally ignore it unless it strikes from the top of the share price when near a bollie squeeze (circles) then I find it a nice confirmation of bullish breakout. On a major breakout like this some people watch the Par Sar rise and would sell when it strikes the share price again... I watch it but I don't really use it as such. I was going to discuss how to evaluate RSI and similar indicators that oscillate from 0-100 units but I cannot find my graphic on this right now... perhaps another time. Conclusion: What a nice stock!!!! IMHO it will approach the consolation stage following this rise in a couple of days. Then it will wander and eventually return to and oscillate around the 20daySMA and you will come to another Bollie squeeze eventually... It is then you pay attention to the trigger chart to get clues as to what to do. Very nice pick!