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

To: robert b furman who wrote (7326)	3/20/2022 8:53:14 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 7825

Someone woke up traders to beaten down semi and semi equipment stocks last week. I am not sure a bottom is in but a tradable rally is showing itself. COHU down trendline broken to the upside but it may have trouble clearing this $32 level as a lot of people bought at this level and will be looking to get out even. Day 4 of the current run so expect some profit taking Monday or Tuesday. If it clears $32 cleanly it has a chance to run to $38 though COHU is frustratingly slow to react sometimes. Bought some TSM for a trade last week on the start of the bounce. Eyeing KLAC but no entry yet. No idea if NVDA bounces more as we enter their developer's conference. It is virtual and I am attending so lets see what announcements they make. I have not had a chance to do more than just glance at the agenda.

To: robert b furman who wrote (7326)	3/29/2022 10:06:42 AM
From: bearshark	Read Replies (1) \| Respond to of 7825

Bob: I went back in the Brown chapter that I noted and couldn't find the thing I remembered. It must be in the book somewhere else. I switched to buying COHU for the long term to as late as 2024 to 2026. There will be a huge chip plant built in Ohio now to go with those mentioned in Arizona. Groundbreaking in Ohio is this year and delivery in 2024 or 2026. Then there is another scheduled to be built in Europe, maybe Germany. There is legislation that wil be signed shortly with another $52 billion for chip manufacturing too. I am using my tax account for COHU long term. The last time I checked COHU this morning COHU is leading AMAT, and KLIC by % gain.