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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (6443)	9/1/2017 11:15:41 AM
From: robert b furman	Read Replies (1) \| Respond to of 7827

Awe shucks, That must mean it pretty quiet out there. My dream / hope of Three White Soldiers has crashed and burned - darn it. screencast.com Looks like price is holding at the .618 retrace of the most recent decline. (18.50 ish) A break out over the 75% retrace will in my mind mean it is upward bound. $20.27 - 15.55 = $4.72 x's .75 = 3.54 = 15.55 = $19.09 There is some overhead to burn through / get digested. Much like those 10,000 share at 18.95. Cohu has the volume to do that now. Thinking what we're watching is a pennant or a flag being developed. It has a nice pole so once we get through low 19's my bet is we'll get some legs up again. Pennants are short term patterns. Puts a measured move into the mid twenties. We need some new blood in here - you must be sick of my dreams on paper by now. Heck my optimism chased every body off this thread years ago. LOL Bob