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How the price action of Cohu (COHU) is used to our Advantage

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Cohu (NASDAQ: COHU) data table below can help you with price action, and we have more details too. Trading plans for COHU are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

COHU Ratings for June 21: Below:

Term →Near Mid Long
Rating Weak Weak Strong
P1 0 0 39.49
P2 33.93 34.78 48.04
P3 35.01 36.26 58.02
Triggers may have already come
Support and Resistance Plot Chart for COHU

Longer Term Trading Plans for COHU

Our Longer Term Plans for COHU help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this COHU Report.

Long Support Plan (Long Term Trading)

NONE.

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

Short Resistance Plan (Long Term Trading)

Short COHU under 39.49, target n/a, stop loss @ 39.6

The technical summary data is suggesting a short of COHU as it gets near 39.49, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 39.6. 39.49 is the first level of resistance above 34, and by rule, any test of resistance is a short signal. In this case, if resistance 39.49 is being tested, so a short signal would exist.


COHU Long Term Analysis for June 21 2021

Blue = Current Price
Red= Resistance
Green = Support

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