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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: y2kate who wrote (17957)2/7/2024 9:36:42 AM
From: Kirk ©2 Recommendations

Recommended By
berniel
y2kate

  Respond to of 26823
 
Thanks. How high is higher? How deep is deep? Its ATH is 100.44

Of course, with all the buying I did when significantly lower, I've started taking profits already. I also have specific numbers where I will take more profits and where I'll buy back for my Explore Portfolio on pages 5 & 16 of my current newsletter.

Currently, COHR is seeing resistance at its June '23 high and I doubt the dashed-green neckline will be broken so 67.50 seems to be its next likely target.




To: y2kate who wrote (17957)2/7/2024 9:56:45 AM
From: Kirk ©3 Recommendations

Recommended By
Sr K
toccodolce
y2kate

  Respond to of 26823
 
This is well worth reading, just for the graphs.

Coherent Corp. 2024 Q2 - Results - Earnings Call Presentation

coherent.com

COHR seems to be following the Avago/Broadcom/AVGO model.

Look at page 12 & 13 for the Datacom AI transceiver market and growth rates. I originally bought Finisar for this market (the area I worked in at HP before Carly vaporized it and some of the people I worked with went to Finisar...)