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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (587)10/7/2019 4:48:19 PM
From: Underexposed  Read Replies (2) | Respond to of 914
 
Hi Robert

I am impressed that you are using my charts and using the Trigger chart properly for Cohu.

One tip for presentation on SI though.

1. Place your cursor in the middle of your chart on the StockCharts website.
2. right-click now and you will see a menu pop up.
3. Choose copy image by left-clicking on the "copy image" item

The Image is now in your computer's clipboard

Now you have 2 options

Option 1 - Simply paste the chart into your SI post

- Simply place you cursor on the suitable place in your SI post and right -click to anchor the cursor there.
- Now press control-V buttons at the same time (the "v" can be caps or not) and your chart appears...

Option 2 - where you paste the chart into a graphics software

-I use an old version of PaintShop pro but GIMP, PhotoShop or any photoshopping software can be used.
- Paste the chart into your graphic software. Add lines, circles, words or whatever to highlight your talking points the just copy the graphic (no need to save it first) and paste it into your SI post as above.

Your assessment of this stock as being a potential buy (new or additional) is right. It may be a couple if days from a breakout but the potential is certainly there.

I will show my 4 charts to check it out more.



The P&F chart shows that this stock still has a hard slog ahead of it. There is a resistance ahead @ $14.40 that has to be addressed. It does look to be strong and it might take more than one attack to breach it but depending on what we find in other charts it may be doable...I doubt it will retreat to $12.00 again in the near future.


The Trigger chart looks pretty good. The bollies are narrow and the price is on the 20daySMA.
The Slow sto is reaching for 80 and the MCD is starting to turn.... this is normal before a breakout.
The BBwidth is flat lining... so the trigger is not being pulled yet... the BBWidth would have to have a sharp +ve slope for that to happen.

I think we are a couple of days away from a breakout (up or down)...based on just this chart but we have 2 more to look at.



The Sentiment chart is mildly bullish overall.

The Par Sar at the top is almost touching the closing price from above in the throat of a bollie squeeze.... this is a good sign for a price breaking to the upside

The Force(30) has been on the fence for a month now but it is on the positive side so it is neutral bullish

The RSI(30) is very neutral right now

The DI+/- is VERY BULLISH right now... see how prior to to October there was some "chaining".... this is indecision.... but that has resolved to the bullish side

The Ichimoku Chart is looking very good


This huge circle shows the price was under a very bearish red cloud....but NOW in the smaller circle to the right you see it is on the cusp of breaking above the red cloud...It tried today but pulled back... I think it will happen soon...it is mildly bullish now.... if it had succeeded in rising above the cloud it would be quite bullish.

Also look at the thin blue red lines in that smaller circle... the blue is nicely above the red, avoiding a recrossing so far mildly bullish.



The other three indicators are bullish

Conclusion

I agree with you.... this looks like a fine addition to the USA Fantasy Portfolio

I will enter the following order


Effective the opening on Tuesday Oct 8 Market buy for 2000 shares of Cohu

At about $14/share we have enough money in our cash on hand...actually we could handle a $15/share price if we had to.

Thanks for the tip, Robert

UE