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


To: robert b furman who wrote (7308)3/17/2022 8:51:07 AM
From: bearshark  Read Replies (1) | Respond to of 7832
 
I'm out again. Sold out at end of yesterday.

If this becomes a breakout--and COHU did better than KLIC and AMAT the last 2 days--I'm guessing we would touch about $32, then drop back near the 50 RSI, and then take off in the real move. That's from a description in a book by Brown I bought in the late 90s.

However, I'm thinking that the 50 RSI was a resistance and we sink back to 29 or 28, and of course, I can buy again at a discount. Wishful thinking is a big part of trading.

PS.

Today may be a PM day and I cut my PM holdings to the bone already. I'd hate to sell them or part of them.