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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (2770)10/21/2022 1:11:16 PM
From: Tweets Boar Hog1 Recommendation

Recommended By
robert b furman

  Read Replies (1) | Respond to of 4408
 
Bob and ym, With a little luck she is gonna BO here. If she does look for a bull flag higher low about end of April which will be a cycle low, then go overweight. Weekly RSI needs to be in position above 50.

Then the Cohu straight up play might happen. Last time a triple in 3 months. I expect more than a triple to next major high from here.

I have spent a lot of time looking at the Cohu longterm cycles. Very complicated and difficult. My conclusion is that this is one heavily affected by the 7 yr cycle which plays with the Hurst cycles.

If she does not BO here ..... don't want to think about it too much. Buy more lower? Has held real well here at previous major support, time to start stair stepping up. But we do have that 18 month Hurst low in the NDX and in Cohu here, hits about end of 1st quarter. It is a powerful cycle, and is pulling down.

Tweets

I have that 2015 low a 7 yr low, plus a Hurst 4.5 yr low. Then a Hurst 4.5 yr and 9 yr low early 2020. So we are in the window right here for a 7 yr low, plus a minor Hurst low. The big longer term Hurst cycles are up however. If it breaks up it will likely go to 40 and dally, until the larger Hurst low hits in April. Then the pull back magnets reverse and go into pull up mode. Kaboom. This last up cycle was brief. Next one should be longer, cuz all cycles will be in sync up. Nothing pulling down. Long ways to go on the up cycles to the next big high.