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

To: Underexposed who wrote (7305)	4/17/2022 12:02:09 AM
From: Underexposed	Read Replies (1) \| Respond to of 7822

A week has passed since my last post and my bearish view on COHU has not changed much at all... it is still in Bear mode Well it is a month since that statement and I am still in bear mode. There has been small rises and pullbacks and I suppose money has been made on options but it is of no interest to a person who wants to hold a stock for 3 months or more. On Friday I was working up a complete analysis but after 2 hours of work a mis-click lost everything and I gave up. However I did not lose much...every indicator in thos other 2 charts was strong bear. In the P&F chart here yuou see the share price on the edge of a huge fall.... if it falls any more there is nothing to stop a fall to at least $20.00 and that support is iffy since it is from data that is 2 years old. The column SMA's are no help as they are bearish Looking at the trigger Chart. it may look to some that the fall has ended. But don't kid yourself...look at the slow sto...it cannot go much lower...the MACD has a strong negative slope and the BBWidth is very strongly positive slope this combination is a strong sell...not buy. I believe we shall see that this occurence right now is JUST a REST. It will soon breach this support at $26 and proceed on its way to about $21-20... we shall see if that level will stop this plunge. UE