Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: robert b furman who wrote (89988)	2/27/2017 1:52:30 PM
From: Underexposed	1 Recommendation Recommended By GROUND ZERO™ Read Replies (2) \| Respond to of 218584

Hi Robert... it has been about a week since I last looked at your 3 stocks... lets see how they have fared COHU Well it took the full 5 days to do it but the share price finally touched the upper bollie. Is the run over?? NO!! NOW the share price is marching up the outer bollie which to me is much better than being above the upper bollie.... I have rarely seen a plummet when walking the upper Bollie line.... I have seen many many plummets when the share price was high above the upper bollie. Look at the indicators below.... the Slow Sto is pegged to the top of its range... very bullish, the MACD and BBWidth are not showing signs of cresting.... and when they eventually crest that will not be the end of the run... it will enter consolidation and you will (or should) watch the share price as the bollies eventually tighten and you will see if there is more to come BRKS Brks is in consolidation at this point and it is behaving like a well-mannered child :) See how it is drifting sideways with a slight positive slope... this is the best kind of consolidation. The bad kind is when it plummets to the 20day SMA... that would still be ok but that would be an unruly child. In this case the share price is patiently waiting for the 20daySMA to catch up. See the indicators below... So much for over bought Slow Sto position, eh! Nopes... just as bullish as the last 2 months of 2016... the MACD has changed direction and that is expected. The BBwidth is falling like a stone now....look at the past positions of the BBwidth when breakouts occur.... the BBwidth usually returns to a certain level (that varies with each stock) in this case in the 5 -7 range before any major change to the share price will occur... right now I would say that is about a month from now... In the mean time the price will oscillate around the 20daySMA, hopefully at a level or slightly positive slope. Another nice stock pick IMHO CY This is the most unruly stock in this collection. See how it wanders along falling to and bouncing off its 20daySMA . You can think of this as a very ragged consolidation or traveling up a pretty ragged BB tunnel. It could go on like this for weeks. As I said above... the BIG moves occur when the BBwidth reach a certain level and for CY that would seem to be at around 5 and it is still far from that level. Looking at the indicators... the Slow Sto is mildly bullish, the MACD looks to be topping out and the BBWidth doesn't know what it really wants to do... though it looks to be tightening in stages The stock is very unstable and hence more difficult to trend long term... as long as the Slow Sto remains where it is things will be fine... but if it starts to head to 50 and the MACD starts to turn negative slope... I would give serious thought to collecting profits and moving on before the BBwidth breaks positive. Look at the indicators on Oct 10 to see a bear signal example. Hope you find this useful....